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

    Interactive: Take a tour through divided Jerusalem

    Interactive: Take a tour through divided Jerusalem

    Take a tour through East and West Jerusalem to see the difference in quality of life for Israelis and Palestinians.

    Stories from the sex trade

    Stories from the sex trade

    Dutch sex workers, pimps and johns share their stories.

    Inside the world of India's booming fertility industry

    Inside the world of India's booming fertility industry

    As the stigma associated with being childless persists, some elderly women in India risk it all to become mothers.