Libya delays Gaddafi oil plan

Politicians shelve plan aimed at distributing oil revenues directly to people.

    The General Public Congress met at Gaddafi's
    home town of Sirte on Tuesday
     

    Of the country's five million people, about one million of the poorest could receive up to 30,000 dinars ($22,990) a year each if the initial plan was endorsed, according to government estimates debated at LBPC meetings.

    Libyans would forfeit their right to medical services and other traditional public services in return for a share of oil revenues.

    Dissident view

    The vote to postpone Gaddafi's plan will block further discussions on the distribution of oil money for several months at least.

    Exclusive interview


    Libyan leader's oil wealth distribution plan shelved

    Various factions in the LBPC will now have time to reach a consensus that commentators say will curb the leader's eagerness to plug the wealth gap between the poor majority of the country and the rich, who many Libyans say monopolise power and money.

    LBPCs are Libya's most senior executive and legislative bodies, which vote on laws and government policy. In practice, however, Gaddafi formulates the key policies.

    Libyan dissidents wrote in comments posted on the internet that, even if the voters approved the scheme, Gaddafi's plan would not work because government corruption would always prevent a fair distribution of the country's oil wealth.

    "None of this will ever happen," one Libyan in Sirte told Al Jazeera. "This is a lie."

    SOURCE: Al Jazeera and agencies


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Strong quotes for Martin Luther King Jr Day

    Quotes from Martin Luther King Jr that resonate today

    Quotes of justice, education, religion and race said by MLK Jr.

    North Korea's nuclear weapons: Here is what we know

    North Korea's nuclear weapons