Iraqi Dinar 123

Association in Erbil organized a seminar to examine the economic development, honored banking possibility of developing banking sector and the contribution of the banking sector. Association conducted in the meeting that there is a potential of banking industry in the Iraq and the growing sector of banking can really helpful for the financial development of Iraq.

Stocks declare the value of shares for the month of December drop to about 105 billions dinars. And this was also a significant decline worth trading for the month of March and April and affected Iraq economic conditions. There were also the number of contracts which executed in the month of November which were 6075 contracts.

Jaafar Al Hamdani said that "we are building the good relationships with foreign companies this is important for us to sustain the international markets. There is globally downfall in the prices and its effecting economic development in Iraq but the decreasing oil prices will not affect the Iraqi dinar value."

International Monetary Fund discussed the falling trend towards oil prices, Along with this Mohammed Jawad accept finance minister Hoshyar Zebari, Political, economic, and Security plans to organize the programs in the coming days and especially 2015 budget.

The basket of the crisis that Iraq has been facing since long is affecting the global financial crisis. The dollar has a huge place in the economy of Iraq and it is important that Iraq manages things in a better way for a better system of management. The global crisis that occurred during the year 2009 were a huge set back for the USA. It was important for the different economies to over come the issues they faced.

The Minister of Finance and the Governor of the CBI need to discuss the different events and manage the things so that everything can be handled in a better way. The GDP is based on the management of a better Iraqi government. It is important that the new growth rate should be implemented and things should be handled with care and managed with a better system of growth for the oil industry in Iraq.

The bank management gave out he statement so that the conversions can be done in the Islamic countries and the North along with the other two banks are managing the different things for a better management of the instruments with the legal ways. The money was basically stolen by the employees of the bank and it was the responsibility of the management to recover the money as soon as possible.

According to the yearly report published by the World Bank, the banking business in Iraq is terribly done and they are not being able to cope with the rest of the world. Iraq has been ranked quite low in the list of SME Banking and other sectors. Iraq was ranked at the bottom out of 189 countries and it was because of the terrible political and social conditions of the country.

According to the Special/Newspaper integrity/ Mustafa Al-Araji, Energy Committee has sit to discuss the important points of mjor impacts, which could be on the oil and currency of Iraq. He said that there will not any sort of impact and affect of the low prices of oil, and the fact that specific prices in US Dollars, and with this, there will not be any impact on the Iraqi dinar revaluation.

There are different opinions present, and we have to follow those opinions and we have to ensure the best parts of the services. Different legislative departments are looking and juggling the balls in the air and they are telling us and different parties are trying to get their interests behind the floating issues.

Abidi said in a speech while hosting the Iraqi council of representative that Iraq is bankrupt now, but it suffers from the cash problems and it requires considerations of the economic strategy, stressing the importance of exploiting the currency economic situations in Iraq to go in favor.

Hoshyar Zebari confirms that Iraqi dinar exchange rate still remains stable, which is good sign for the investors, who are opting to invest in Iraqi dinar. This is correlated with the current downfall of the oil prices globally. There was a meeting held, where all of these major agendas were discussed along with the security, economic and political conditions of Iraq.

The exhibition held in Basra was a great success. All those people who never knew that Iraq is speeding towards a better system of management are now very much interested in business in Iraq. The Basra exhibition was a great success which helped in bringing foreign business-men in the oil region. Several countries took part in the fair which was a huge success.

It was announced by the ministry of Finance that they would improve the different issues related to those people who visit Iraq or come to Iraq to live or work need Aqahmas. Getting Aqahma easily is a good thing because it would attract people to come to Iraq looking for jobs.

It was seen that the people who wanted to solve the different problems that Iraq was facing, were actually the one who were faithful to Iraq. There were several people who liked the basic issues regarding the foreign oil companies. The problems that were faced by the different oil companies were equal to the big investing issues that were faced by Iraq in every other situation.

It was declared by economic experts that the decline in the prices of oil would cause problems for countries like Iraq who need to gain the maximum benefit from their major natural resource which is oil. The companies that handle the payments that the different companies have to give them from overseas because they are gaining benefits for a certain period of handling the different data.

It was announced that the banks need to handle the different things that include the handling of data that not just involves money but also several other options. The distribution of 250 dinars needs to be handled and managed in a better way. The salaries and other expenditures that every country has to seek believe in the handling and management of all the billing and other expenditures related to it.

here is going to be an international Dhi Qar investment conference which would bring betterment in the international investment and other sectors accordingly. Through the financial crisis of the country they need a good plan to gear up and bring out a better system of management for Iraq. The oil purchases and the sales along with the trade going on at the docks if done in a better way would be a good thing for Iraq.

During the banking conference held in Baghdad the Deposit Insurance Act was approved. It was seen that most people find it hard to invest their savings with banks due to the unstable conditions of Iraq. Iraq has been unstable socially, economically, politically and financially since long. The security issues of the country have also been a big cause to different things.

Iraq is getting attention form the foreign countries in a good way. Other countries are interested to increase business in Iraq. Several countries are competing hard with one another to get the best out of foreign businesses, as best as they can. Most states have understood the difference that foreign businesses makes for a country so on bilateral and singular bases they are trying to focus in foreign countries.