New five-year plan to be implemented in Libya
Sources in Libya recently revealed that the government has commenced preparations for a five-year plan, to be launched in 2001 through 2005, according to Al-Ittihad daily. The main goal of this five-year plan is to develop the nation’s economy and to attract foreign investments.
So far, $35 billion funds have been allocated to this plan, which are to be provided by the national budget. The Libyan sources added that the new plan would consist of projects in various fields including harbor construction, road and airport expansion, and investment in education. ― (MENA Report)
© 2001 Mena Report (www.menareport.com)
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