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Norooz, also known as the Persian New Year, is a significant public holiday celebrated in parts of Iraq, particularly in the Kurdistan Region. The holiday marks the arrival of spring and results in the closure of government offices, banks, and local businesses for several days. This period often sees a temporary halt in local financial transactions and a decrease in regional economic data reporting.
Norooz is a cultural and astronomical event marking the vernal equinox. It is observed as a public holiday according to the official Iraqi and regional government calendars.
No historical data available