VOL. XXXVII
NO. 50
12-SEPTEMBER-1994
Libya
Qadhafi Promises To Distribute Oil Wealth
The Libyan leader, Colonel Moammar Qadhafi, has marked the 25th anniversaryof the overthrow of the Libyan monarchy with a promise to distribute $500mn ofthe country's oil revenues to the poorest 100,000 Libyan families annually. In aspeech broadcast on Libyan radio on 5 September, the Libyan leader announcedthat "one hundred thousand families with an average of 10 members each willreceive in their bank accounts...
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