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The BGG in its latest news post announced that revaluation can happen before general elections of Iraq. The revaluation will not be effected by any of the change in the government as it is national issue. Every government will have to resolve this issue for national interest.

The President of United States of America, Barack Obama announced good news for Iraq and its economy. The immunity funds freeze as the result of chapter vii sanctions by United Nation, are issued to the Iraq development funds. The united nation has lifted sanctions from immunity funds of Iraq available in the different foreign banks.

Iraqi Dinar 123 News:- It was announced on 12 August that the worlds smartest "Master Card" would be launched by the Rafidain Bank soon. They are giving final touches to it. it is expected to provide excellent support to the national economic system. this would be helpful in the development of the national economic system.

The frozen assets of Iraq in the foreign banks are under discussion for couple of months, especially after Chapter VII of United Nation. These frozen assets are $82 Billion and were freeze due to invasion of Kuwait by Iraq in 1990. People are not sure about these funds and most of them are consider as barren amount that will not be released to Iraq.

The Financial Commission of Iraqi Parliament has given an expected figure of 8 to 11% increase in budget. This figure is quite much more than last year's budget. Many new points of prosperity are also under consideration. These include the National Projects, and oil exploration project, etc.

Iraq is one of the fastest growing nations of the world according to the recent World Bank report. The report says that the rate of economic development of Iraq is better than all the other countries of the Middle East and also in the Arab Countries. The expected growth rate of Iraq is also better than all other countries in the region according to World report.

After the release from chapter vii, Iraq is looking to collect Iraqi dinar and receivables from different countries of the world that were frozen after invasion of Kuwait by Iraq in 1990. These funds were freeze in the different countries of the world as a result of sanctions imposed by United Nation on Iraq.

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.

Iraqi Dinar 123 News:- Member Bloc Independent MP Mohammed al-Shammari states that global economy creating crucial situation for every country but we are making some national schemes for the betterment of Iraqi economy. Increase in oil exports by some countries which trying to reduce oil prices in international market also impact these countries' economies.

National Business Council of Iraq said that Iraq is rich country in the natural resources that need international efforts and cooperation to get maximum benefits from these available resources. The clashes between Iraq security forces and Sunni militants affected the economy of Iraq badly. The experts believe that there is no any military solution of Iraq situation.

Iraqi would close its import of oil products till the end of 2018. This report issued by the International Center for Development Studies and explained based in London.