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Home Libya

Workshop on drafting law on fair distribution of Libya’s wealth

bySami Zaptia
March 10, 2020
Reading Time: 1 min read
A A

By Sami Zaptia.

London, 10 March 2020:

The Benghazi Planning Office organized yesterday a workshop in collaboration with several research centres in universities, economic institutions and Libyan banks is entitled “Policies to reform the Libyan economy”.

The workshop, which was held in the meeting room of the University of Qaryounis, was attended by economics professors from several Libyan universities and Libyan government officials, the Benghazi Chamber of Commerce reported.

To draft a bill to be put before Libya’s parliament, the House of Representatives, four main themes on the fair distribution of wealth were discussed in the workshop covering the political, economic, legal and social aspects of the proposal.

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The workshop sought to ensure a fair distribution of the country’s wealth based on criteria including geographical scope in relation to population and environmental standards.

It will be recalled that the unfair and unequal distribution of Libya’s rentier hydrocarbon wealth is often cites as a grievance by various sectors of Libya’s population in disputes.

Tags: hydrocarbons oil gasrentier statewealth distribution

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