The article: “Iraq Announces Shift to Market Economy, Vows Complete Sovereign Monopoly on Force” Al-Zaidi declared that a “National Sovereignty Conference” will be held at the end of this year to formally establish the state’s sole right to use violence. At the same time, he announced an end to borrowing from the International Monetary Fund (IMF) and a campaign to amend Iraq’s OPEC oil output restrictions, marking a stark economic departure from the country’s socialist history.
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