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The exports amounted to 2.04 million barrels per day in January, when bad weather led to a delay in shipments will not announce Iraq's export rate in February before the end of the month, but Oil Minister Abdul Karim and coffee predicted taller.

The economic stability of the country is determined on the basis of equal opportunities available in the country for all countrymen without any discrimination. The economists have different thinking about economic stability of any country. According to economists, the value of currency is the major indicator for any economy to decide whether the country is economically strong or not. The countries with the strong currencies have noted positions in the country.

Iraqi Dinar 123 News :- The budget has been a major issue for Iraq this year. Iraq's finance commission has been trying to create a budget that would be helpful for the country and would help in maintaining a better system of management.

A country cannot make any development in any walk of the life without political stability. The people of Iraq with the severe terrorism threads came out of the homes to cast their votes as they want change now. The Noor Al Maliki administration could not control the major issues of Iraq like corruption and stability in the Iraqi dinar.

Iraq designed five years economic policy for its country to enhance the oil production and export of oil in the international countries. Central bank of Iraq with the cooperation of government struggled well to enhance the value of Iraqi dinar in the international market.

Iraq purchased 36 tons of gold in at the end March 2014 to increase the value of dinar in the international market. This high value purchased of gold surprised the whole world. Central bank of Iraq is planning to purchase more gold in near future that will further enhance the value of Iraqi dinar in the international market.

Iraq has major oil reserves and this has remained hard for powerful nations to bear this fact. Iraq used to be very strong economically wise, but it has lost its value over the years. There was an era before the Gulf War, when the country had its currency at a very strong level. Even dollar had no competition with it.

The oil export of Iraq has also been increased in the May even the worst law and order situation in the country. There is no any restriction for Iraq to develop in the international market except the poor law and order situation. Now the ground is ready to play for Iraq and it is up to Iraq now how well he plays.

Iraqi Dinar 123 News:- Iraq signed four contracts with UAE company "SK any Energy Hanks". Billions of Iraqi dinars will be spent on these contracts. The operational area of company will be the free zone of Zubair in Basra Province. The operational area is 20,000 square meters in the first phase and 1600 square meter in the second phase.

The governor of central bank of Iraq said while talking with media that the central bank of Iraq has $70 billion as cash reserves that is enough for Iraq to support Iraqi Dinar in the present security and economic situation of Iraq.

Iraqi Dinar 123 News:- Iraq is facing lot securities and financial issues but still Iraq's economy considering for global economic development at international level. Because Iraq is larger oil producer in worldwide, that's the reason the foreign world trying to build their financial and trade relation with Iraq with positive attitude.