The IMF said in their recent Bulletin that an Optimum Reserves/GDP Ratio for a developing economy was 10%. Now for 2007 for Iraq, assuming Reserves = $15 Billion and GDP = $85 Billion.. That means the Reserves/GDP Ratio = $15/$85 or 17.6%.. WoW!! That means Iraq can afford a Huge RV!!! I can see it coming!!