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Iraq achieved the tax revenue goal for the year 2013-14, said Dr.Issam. The oil production of Iraq reached 3.25 million barrels as compare to the 2.6 million barrels per day in 2012. Iraq generates maximum revenue from export of oil in the international market that automatically enhanced the total government revenues and the total tax collection increased in the oil industry of Iraq.

Stocks declare the value of shares for the month of December drop to about 105 billions dinars. And this was also a significant decline worth trading for the month of March and April and affected Iraq economic conditions. There were also the number of contracts which executed in the month of November which were 6075 contracts.

Iraqi Dinar 123 News :- Economists have said that in order to achieve a good system of investment for a better growth.The development and investment in the banking sector is highly needed, the rate of 5 to 10 billion dollars for administration in management is important.

Iraqi Dinar 123 News:- The banking expert Samir Alnasiri announced that private banks are setting their standards to achieve the proper goals for a better system of management in handling the challenges that they face. The banking sector needs to update itself to come at par with the international banks.