Without going through the links on the site, what is some of the progress in Iraq that makes you so sure their economy is improving?
Since October 31st, 2006 the value of the New Iraqi Dinar has increased nearly 17%. GDP growth was estimated at 54 percent in 2004. 2005 was also strong, with GDP growth predicted at 34 percent. Economist estimate Iraq to grow at least another 17-20% in 2006. In 2004, the Ministry of Industry issued 7,661 licenses for new businesses: 2,896 in the construction sector, 1,520 in food, 200 in textiles, 667 in the plastic and chemical industries, and 1,336 in mining and resources. In 2005, Adel Karim, a deputy minister for industrial development, has announced the government’s intention to start the privatization program, with cement, brick and pharmaceutical factories being transferred into the private sector as a first step. The government is also cutting taxes to boost economic activity: Iraq has slashed income tax to 15% from 49% and substantially increased the minimum sums individuals can earn net of tax. The progressive tax system replaces a 1982 law under which individuals had to pay
