Libya reconstruction fund needs $50 billion: officials ...Kuwait

The New Arab - News

A three-year reconstruction plan will target key cities in Libya including Benghazi and Tripoli. A Libyan government fund to finance the reconstruction of areas devastated during the country's civil war needs as much as $50 billion over the next three years, officials said this week.Libya's unity government established earlier this year plans to establish a reconstruction fund soon, sources familiar with the matter told The New Arab's Arabic-language sister site.The fund will require between $30 and $50 billion to finance an initial three-year plan.The proposal targets cities worst hit by the conflict including Derna, Sirte and Benghazi.The plan also proposes the reconstruction of the sout

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Libya reconstruction fund needs $50 billion: officials ...Kuwait

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