tag:blogger.com,1999:blog-1953410733493889728.post7927120538202841212..comments2024-02-29T12:38:32.191-08:00Comments on MUSINGS ON IRAQ: How Long Will The U.S. Be In Iraq?Joel Winghttp://www.blogger.com/profile/09611810110771744360noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1953410733493889728.post-79469770521363765132009-05-28T07:00:30.524-07:002009-05-28T07:00:30.524-07:00Iraq's budget is based upon 2 mil/bar/day in oil e...Iraq's budget is based upon 2 mil/bar/day in oil exports at $50 a barrel. It wasn't until last week that Iraqi oil hit $50 but they are still exporting a little over 1.8 mil bar/day and this is almost 6 months into 2009. They just took out a $7 bil loan from the IMF to cover the budget deficit. They're going to be in debt for the short-term. The result is that this year, and probably next year's plan for the security forces is to weed out ghost soldiers and retrain them, with some minor equipment purchases and that's about it.Joel Winghttps://www.blogger.com/profile/09611810110771744360noreply@blogger.comtag:blogger.com,1999:blog-1953410733493889728.post-29578783470412305762009-05-27T23:18:48.954-07:002009-05-27T23:18:48.954-07:00Hmmm. With oil prices rising, will the GoI reverse...Hmmm. With oil prices rising, will the GoI reverse the severe budget cuts in the IA and IP?Anandhttps://www.blogger.com/profile/03040200275831896147noreply@blogger.com