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Recently news was released by a US based magazine. The US has planned to divide Iraq into three states. The complete news would be released on 30th June 25, 2014 which is as large to be covering 8 pages. These pages state that Iraq would be divided into three states; one in the North of Kurdistan, the second along with the border of Syria while Vlheiah takes the third states place.

Revealed the American Time magazine, the number of which will be released June 30 th, and the report of a large 8-page plan to divide Iraq into three states, one of them in the north of Kurdistan, and the second for the year along the Syria, and the third Vlheiah, and its place in the south of Iraq and includes spaces and wide of him.

The experts have divided into two groups about Iraqi dinar revaluation. One group has strong opinion that dinar can revalue in near future. Now when that near future is expected to come relies on many factors. Other group is of the view that dinar is facing many challenges. The economy is in bad condition, the security is in bad condition and also the annual revenue is just reasonable. That's why dinar is not going to revalue at least in coming ten or more years.

It has been reported that Daash has been trying to get control over the oil fields of Syria and Iraq. Daash already controls about 17% of the area that has oil refineries. According to Turkish department heads; " oil is what helped Daash rise to this position." Iraq got divided into three different parts; Kurdistan, northern Iraq which is controlled by the government in Baghdad and the areas that are under the control of Daash.

Delay in annual budget of Iraq has seriously harmed Iraq and its economy. It also creates instability in the political environment of the country. We can even say that it can divide the country in two parts if remained unapproved for more couple of days. The attention of Kurdistan is so clear about this issue. Kurdistan waited a lot for the approval of annual budget and finally decided to print its own currency to satisfy its own needs.

The delay in budget has become a criminal negligence on the part of government of Iraq if we look at its negative impacts on the economy of Iraq. The delay in budget has divided the country and also abundant Iraq alone in the region. Kurdistan regional government is looking to print its own currency due to lack of funds for daily use that means Kurdistan is planning its own separate home land.