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Home > News & Policies > February 2004

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For Immediate Release
February 25, 2004

Iraq's Private Sector Growing
Iraq Fact of the Day

Private sector development is beginning to fuel Iraq's economy. In Baghdad, markets are full, new stores are opening daily, and there is a great demand for consumer goods and services. Iraqi businesses are joining leading companies from around the world -- from providers of computers, telecommunications, and consumer goods to accounting firms and international hotels -- in making significant investments in Iraq. This is an indication that investors believe in the future of a prosperous, democratic Iraq.

Source: Coalition Provisional Authority, Baghdad

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