Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Sunday 2021-11-28, 04:24:30

2005-05-31 16:08:14
Positive Signs From Iraq. Yesterday, I attended a well-guarded meeting with Kais Al-Khafaji, chairman of the Federation of Iraqi Industries - an organisation that is said to represent some 28 000 companies. He mentioned, among other things, some economic facts which may be too boring to see their way into the media, where explosions are just about what we see from Iraq. Nevertheless, there are good news. The GDP of Iraq increased 2003-2004 by some 60 %. Inflation, which was 40-50 % annually, is now 2-3 % - following reforms such as a new currency and a new, independent, Central Bank. The latest state budget from the government was the first one to be balanced in two decades.

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