Baghdad: The US-led coalition plans to privatise the first of Iraq's 100 or so state-owned firms within a year as it begins overhauling the centralised economy of Saddam Hussein without waiting for a new government, a top US official said Thursday.
According to Tim Carney, senior adviser to the Iraqi ministry of industry and minerals "Privatisation is the right direction for 21st century Iraq,"
Who'd a thunk it! bomb them, break them, bomb them, dog them.
Full article can be found at http://sify.com/news/international/fullstory.php?id=13169992
Comments (2 of 2)
Jump To Comment: 1 2According to L. Paul Bremer, American "administrator" of Iraq, "If they choose socialism, that will be their business. My guess is that's not going to happen."
http://story.news.yahoo.com/news?tmpl=story&cid=540&ncid=540&e=10&u=/ap/20030612/ap_on_re_mi_ea/iraq_bremer
...especially since Iraq is supposed to be a socialist state. Of course the Americans will probably just use Saddam as a demonstration of the evils of socialism...
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