19 May '11, 9am

Libya Rebel Economy chief says financial aid for Libya taking too long - TODAYonline

LIBYA - The Economy Minister of the Libyan rebels' leadership council urged the international community to speed up efforts to provide access to promised funding and frozen assets linked to the regime of Muammar Qaddafi. Abdullah Shamiya said the rebels need the funds to sustain the economy in areas they control. The rebel government set a budget of US$3 billion (S$3.72 billion) for the next six months, Mr Ali Tarhouni, the rebel Finance Minister, told reporters in Doha on Tuesday. "Let us use some of our frozen Libyan money to meet our basic needs and to buy commodities, fuel and medicine for our people in the liberated areas," Mr Shamiya of the Transitional National Council said in an interview on Tuesday in Benghazi. Foreign ministers from the 22-nation contact group on Libya meeting in Rome earlier this month called for financial assets that have been frozen by interna...

Full article: http://www.todayonline.com/World/EDC110519-0000686/Libya-...

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