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Friday, April 2, 2010

Libya targets total privatization of economic sector

2010-04-01

Libya aims to want to put "100 percent of the economy under the control of private investors", Reuters quoted government official Abdelkarim Mgeg as saying on Thursday (April 1st). Speaking on the sidelines of the Libya Business and Investment Summit in Tripoli, the Privatization and Investment Board strategic projects' chief said that he expects fully half of Libya's economy to "be in the hands of the private sector within the next 10 years".

Source: Magharebia.com
Link: http://magharebia.com/en_GB/articles/awi/newsbriefs/general/2010/04/01/newsbrief-02.

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