World Bank urges Iraqi private sector reform

Posted by 7Star Thursday, April 9, 2009

Developing Iraqs private sector is the best way to boost government revenues slashed by low oil prices, the World Bank said on Wednesday, adding it would work with Iraq to remove obstacles to private enterprise. The rehabilitation of Iraqs economy after the bloodshed that followed the US-led invasion in 2003 is viewed as essential to keeping a lid on dissent now that violence has fallen sharply.

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