Here It Comes

Iraq to Open Most of Economy to Investors:

The wide-ranging reforms, undoing years of rigid control of the economy imposed by Saddam’s one-party rule, will permit the sell-off of Iraq’s numerous state-owned companies to foreigners and introduce new taxes.

[. . .]

Al-Gailani said the reforms would be implemented in the near future. He pledged Iraq would “allow up to 100 percent foreign ownership in all sectors except natural resources.”

Get it? Who will decide the price to sell off Iraq’s assets – factories, banks, etc.? And who get’s to bid? And why is this happening BEFORE Iraq elects a government of its own? As if I need to answer those questions.