VOL. XXXIX
No. 15
8-January-1996
IRAQ
Iraq Unveils Drastic Economic Steps As US Opposes Relaxation Of Sanctions
Iraqi President Saddam Husain announced new measures on 2 January to deal with the dire economic situation in the country, after over five years of UN sanctions. He called for an immediate halt to the printing of money, belt- tightening measures in state ministries and enterprises, imposition of new taxes and the sale of state property. The government's moves are seen as a...
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