Friday, January 13, 2006

More from Bremer


Bremer's piece in today's NYT...
There is little question that, thanks to efforts by the American-led coalition, enormous political and economic progress is being made in Iraq today.

Two years ago, Al Qaeda's leader in Iraq, Abu Musab Zarqawi, told his followers there that there would be no place for them in a democratic Iraq. One year later, Iraqis voted in the country's first genuine elections. Then they wrote and approved a new Constitution. And last month 70 percent of voters turned out to elect a new Parliament. Now that body should modify the Constitution to address legitimate concerns of the Sunnis.

As for Iraq's economy, at liberation it was flat on its back: the World Bank estimated that in 2003 the economy contracted by 41 percent. Now Iraq benefits from an independent central bank, and a new currency whose stability is a remarkable indicator of confidence. The economy is open to foreign investment and commercial laws have been modernized. The International Monetary Fund reports that per-capita income has doubled in the last two years and predicts that Iraq's economy will grow 17 percent this year. No wonder registration of new businesses has jumped 67 percent in the last six months.

1 Comments:

Anonymous Titanus said...

Has Bremer changed his tune lately? Was there fallout? Or has this been his song all along, but misreported/misrepresented?

10:19 AM  

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