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Iraqi Dinar 123 News:- Government economists said, reorganizing the banking structure in Iraq will helpful for global and local development. Reorganization in banking sector encourages foreign and local investor and also getting positive approach for Iraqi people. Financial institution reforms gets better improvement in Iraqi economy and also take a part for global economic development.

The central bank of Iraq is aim to improve the banking structure of Iraq according to ongoing circumstances to meet the challenges of new world. For this purpose, central bank of Iraq is working on a mechanism that will enhance the performance and functionalities of these commercial banks of Iraq.

Speaker for parliament on 23 December announced an agreement between the three presidencies to choose advisers for the purpose of economic reforms and to handle the other activities, and helping the government structure to be improved.

It was seen recently and reported by the agencies that the Turkish exports fell by a huge percentage. The Turkish Economy Minister said that on Tuesday the country's exports to Iraq went down by 35% since a year before that went from the 10th June to 20th July.

it was confirmed in a statement from Australia that the GDP would be 2.1 percent more by the year 2018. Several countries have shown interest in raising the GDP and the production of the different things that would enhance the different sectors. The basic support would be provided by the banks that would help in the improvement of the infrastructure of the different countries as well as the global structure.