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A draft prepared by ministry of oil and natural resources of Kurdistan regional government for the distribution of oil revenue among people of Kurdistan. There are many of suggestions are given in this regard for the distribution of resources but important one was to keep the share of new born Kurdish in the bank account of every citizen.

The Central bank of Iraq has to spend a huge amount of cash for the issuance of these notes in the market. Contrary to this the coins have longer age than that of paper currency and it can be stored for a longer period of time for the future use.

It was reported that the private banks sold the U.S currency in the black market using the passports if the citizens. The economists said that several currency traders are taking wrong benefits of the citizens by taking their passports in exchange for cash. They are doing so to smuggle the currency from the local market and sell it out of the country to go above 30 percent.

After taking economy bank of Iraq under the trusteeship, the central bank of Iraq warned its citizens to deal with Basra International Bank. Due to failure of many financial obligations, the central bank of Iraq decided to take Basra International Bank under the trusteeship. Therefore all the financial operations are suspended until the things gets normal.

Iraqi Dinar 123 News:- The parliament budget is expected to go up and change for the need of the people. It is not important to handle things only for the state departments and the citizens but also for the problems that the country has been facing since long.

Iraqi Dinar 123 News :- Precious metals are linked with the investment of several citizens and make a difference to the economy. There are lots of reasons that have affected the price of gold and one of the most common one is the price of dinar against the dollar.

Iraqi Dinar 123 News:- According to economists; the citizens who invest in oil are warned not to base on the sale of oil imports as per the risks included in it. The government change that happened in 2003 caused a lot of changes to tale place with the tax laws so the revenue collected by the government is different from what it was before 2003.

A member of the Parliamentary Commission of Economy Aziz Mayahi "The government revenue and private provision of public service to the citizens decreased dramatically after the change that took place in 2003 due to the cancellation of the government a lot of tax laws.

The news that came in from a source in Turkey about the Iraqi Dinar that it has become stable. This is great news for all the investors and the local Iraqis. The Iraqi citizens demanded that they could store the foreign currency on temporary bases which would be balanced as per the orders of the governor of Iraq by 1.3% of the US dollar.