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The World Bank signed an agreement on a loan of 355 million dollars to develop the dry canal project and finance the construction of the road network of domestic and international presence of the Minister of Finance Agency purity of net debt and the Minister of Construction and Housing Mohammad Darraji and World Bank representative Fred bin Haj and a group of Commission services and reconstruction in Iraq's parliament.

We have seen few sudden changes in the economy of Iraq after the meeting between central bank of Iraq, International Monetary Fund and World Bank. The central bank of Iraq decided to reprint the notes of different denomination, decided to purchase more gold to increase the value of dinar in the local and international market and then invited different money exchange companies to sell dollars in the auction of central bank.

These investors are mostly reputed international banks, financial institutions and x-army officers from US Army. If revaluation is scam and if investing in dinar is the wastage of time and money, so why these reputed banks and financial institutions are giant investors in dinar. We know every country of the world want its currency at the top of the list and every central bank try its best to stabilize its currency at local and international level, and same doing Iraq. Like other experts of dinar, I don't think that revaluation of Iraqi dinar will happen in the near future.

The ISIS or Islamic State in Iraq and Syria has announced that they have opened their own bank in the City of Mosul to provide loans and to compensate for mangled currency, in order to financing and to raise the business for terrorist organizations.

The increasing deficit of the general federal budget to more than 35 billion dollars will play objection large and categorical rejection by the International Monetary Fund and the World Bank, because it will lead to problems of economic and financial in the country and perhaps affect the market becomes faulty and conflicts between fiscal and monetary policy of the country.

The oil conflict between Iraq and Kurdistan has reached at a serious stage where both of the regions have taken stand on their own conditions to resolve this matter. Kurdistan decided to boycott all parliamentary sessions and meetings for discussions and approval of the annual budget of Iraq, until new rules and regulations for oil and gas.

The crude oil is the backbone of the economy of Iraq. More than 90% of Iraq economy is depended on the production and export of crude oil in the international market. Unfortunately, Iraq could not balance between oil and non oil sector of Iraq. Now the attacks on major cities of Iraq destroyed the oil industry of Iraq badly and the oil production and export of Iraq is almost half in the international market.

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 Kirkuk Governor Najmiddin Karim said that oil and gas companies operating in Kirkuk are safe and sound. The police and other law enforcement agencies are protecting foreign companies and its officials in the country and hopefully there is no any problem with the security point of view.

Draft Law on Partnership between Public and Private Sectors is in the parliament corridor and waiting for approval. Experts believe that this law will be helpful for public private companies in the services and infrastructure projects of the country. It will also help international countries to invest in the country through these public and private companies.

The media reports raised concerns that the U.S. The administration confirmed that Iraq has signed deal with Iran worth 195 million dollars to buy weapons and ammunition, which was confirmed by the Chairman of the Commission on Security and Defense parliamentary Hassan Sinead, and denied by the Iraqi Ministry of Defense.

Central bank of Iraq reprinted the bank notes with new symbols and codes to protect currency from forgery issues and declared that these new notes will also be helpful for blinds to recognize with their simple recognizable features. These notes are reprinted in the way that it is so difficult for a person to copy these bank notes as it has some new and superior features that protect these notes from forfeited issues.

The aim to stabilize the currency of Iraq, the central bank of Iraq allowed money exchange companies to open bank accounts in Iraqi dinar and US dollar directly in central bank. The purpose of these accounts to expand the sales of US dollars and other foreign currencies so that dinar could be stabilized in the country. More than 34 local and international companies instantly accepted the offer of central bank for opening accounts.

The central bank of Iraq sent 146 kg gold in the market for testing purposes. This gold is given to the different reputed jewelers in the Baghdad. The ministry of planning and development cooperation has assigned a task to monitor the performance and output of these gold ingots in the market. The ministry of planning and development make frequent visits to the different shops in Baghdad to ensure the CBI strategy.

The Central bank of Iraq issued new Iraqi dinars with new codes, images and many other security measures to avoid forgery and forfeited issues. Central bank of Iraq was monitoring the complaints about forgery in 250, 500 and 1000 IQD notes and tried to control it for some time. More than 70 trillion Iraqi dinars with this value are in the circulation. It was so difficult to control the whole currency and the problem it was facing in the trade market.

With the aim to stabilize the currency of Iraq, the central bank of Iraq allowed money exchange companies to open bank accounts in Iraqi dinar and US dollar directly in central bank. The purpose of these accounts to expand the sales of US dollars and other foreign currencies so that dinar could be stabilized in the country. More than 34 local and international companies instantly accepted the offer of central bank for opening accounts.

The Iraq stock exchange conference is going to hold in Erbil 14th May 2014. Iraq will discuss the financial matters of Iraq and international market on the basis of newly established Iraq stock exchange. Iraq stock exchange is operating with thirty listed join stock companies and trying to enhance the scope of the stock exchange locally and internationally.

Iraq printed new Iraqi dinars with the new features on it, to monitor and counter the counterfeited Iraqi dinar issues in the country. After many of the reported and registered complains about counterfeited issues in the bank notes of 250, 500 and 1000, the central bank of Iraq decided to reprint these notes with new security features.

Mnt Goat, the famous dinar guru said that the news from Iraq is getting better and better with every passing day. She said that all of this news is in the favor of Iraq and its economy and going towards revaluation of Iraqi dinar. What we need to do, is to remain cool and calm and let the things happen.

According to some people the law and order situation of Iraq is worst in Iraq and it is continuously going towards crisis. The turnover of the votes in the present Iraqi election was more than any other election in Iraq that shows the sincerity of Iraqi people with election and with its results. Despite of worst law and order situation of Iraq and many unwanted events, the people of Iraq came out of their home to cast their vote for the expected change in the country.