VOL. XXXVI

NO. 52

27-SEPTEMBER-1993

IRAQ

Iraq ToPrivatize State-Owned Companies

The IraqiGovernment has issued a decree authorizing the Ministry of Industry and Mineralsto sell shares in state-owned industries to private Iraqi investors. A decreepublished in Iraqi newspapers on 21 September, said that up to 75% of theshares of the companies would be offered on the Baghdad stock exchange. Theannouncement follows the recent appointment of Lt. General Husain Kamil asMinister of Industry and Minerals...