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Tag: Iraq Economy

Factors That Stressing The Economy of Iraq

Factors That Stressing The Economy of Iraq

Iraqi Dinar 123 News:– The Iraqi currency deals with the handling of different things that include the management of replacing counterfeit currency. This is important because in the past a lot of counterfeit notes came into circulation. It was seen that the currency manipulators with banking office owners managed the handling of Iraqi cash along with the government acceleration to move the operations in the financial exchanges. The daily work management of everything was based on the presence of Banknotes…

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Finance Ministry of Iraq Pays Special Attention to Trade And Agriculture

Finance Ministry of Iraq Pays Special Attention to Trade And Agriculture

Iraqi Dinar 123 News:– Finance committee of Iraq decided to pay special attention to the trade and agriculture by proving wheat and pesticides for agriculture purpose. Iraq wants to be self-sufficient in wheat and barley in the near future. Therefore it is paying special attention towards both of these crops. Iraq has to import a huge quantity of wheat per year to fulfill the demand of its public and it is aim to reduce this quantity in the future. Moreover,…

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Iraq stabilized its economy even in the decline of oil prices

Iraq stabilized its economy even in the decline of oil prices

The economy of Iraq is 90% dependent on oil production and its sales to international community. The recent oil production of Iraq is 2.6 million barrels per day that they want to increase 7.6 barrels per day by 2017 as per five years economic policy of Iraq. The international circumstances affected a lot and Iraq could not meet its oil targets in 20134 due to decline in the oil prices in the international market. If Iraq succeeded in achieving 7.6…

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Oil Companies Covering Various Areas Of Iraq

Oil Companies Covering Various Areas Of Iraq

Baghdad says that it has no problem with the Kurdish region to sign deals itself i.e. Kurdistan has right to make its own deals with companies and Kurdistan has also right to control the export of OPEC member’s crude. One of the representative of central government said that we have awarded the contract of Qara Dagh to this company for the extraction of oil. Baghdad says, Chevron has got the big project of oil and this will actually benefit the…

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Gulf Train Project – A Gateway To Success For Entire Middle East

Gulf Train Project – A Gateway To Success For Entire Middle East

Ministry of transport of Iraq announced on 31 January, 2013 that we are planning to start the gulf train project with the name of the gulf train project. He said this project will open up the gates of developments in the entire Middle East. He said that this project will start from Kuwait and end in United Arab Emirates through Saudi Arabia. This project will be completed at the end of 2017 with the assistance of the UAE, Kuwait and…

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Invest in Iraqi Dinar to Make Your Finances Secure

Invest in Iraqi Dinar to Make Your Finances Secure

Have you ever thought that why a considerable number of people are showing their interest to buy Iraqi dinar? And what are the hidden facts behind the popularity of Iraqi dinar? Yes! There are many other factors due to which this currency is getting so much popularity. There might be some possibilities that many new people find themselves unable to identify all of these factors, but eyes of financial experts can easily diagnose the all of these factors and hidden…

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