Skip to comments.Libya delays Gaddafi oil plan
Posted on 05/05/2009 1:49:10 PM PDT by ReleaseTheHounds
Libya's executive and legislative bodies have voted to delay an oil distribution scheme of Muammar Gaddafi, the state news agency Jana has reported.
The Libyan leader, who has advocated handing out oil revenues directly to the people to beat endemic corruption in the government, would have distributed about $32bn this year alone.
The results of the vote were announced at a meeting of the General Public Congress (GPC) at Gaddafi's home town, Sirte, on Tuesday.
Only 64 of the 468 Basic People Congresses (LBPCs), or municipalities, voted for Gaddafi's plan to hand out the money now, while 251 endorsed the plan in principle "but asked for [it] to be delayed until appropriate measures were put in place".
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.
(Excerpt) Read more at english.aljazeera.net ...
Please excuse (or perhaps Admin might be able to change): the publication date of this article was March 4th not May 5th.
Stupid ass RINO Charlie Crist blocked offshore drilling in Florida. The FL House passed it but Crist said he would block it.
Do the Muslim oil producing jihadists have compromising pictures of you know who?
Is it Quadaffi or Qaddafi? Gaddafi or Jimmy Carter?
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