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 Saudi-Israeli normalisation could be dangerous

    Why Saudi-Israeli normalisation could be dangerous

    Apart from being disastrous for Palestine, normalising relations with Israel could get Saudi Arabia in real trouble.

    Gender violence in India: 'Daughters are not a burden'

    Gender violence in India: 'Daughters are not a burden'

    With female foeticide still widespread, one woman tells her story of being mutilated for giving birth to her daughters.

    What is Mohammed bin Salman's next move?

    What is Mohammed bin Salman's next move?

    There are reports Saudi Arabia is demanding money from the senior officials it recently arrested.