24.01.2007
Libyaninvestment.com

GPC secretary stated that the aim is to raise the level of living of citizens at the rate of 5% this year, develop the productive activities, improve the standard of educational and health services, encourage the national sector in the productive field to compete with foreign products, to submit all necessary facilities to encourage investment by exemption from taxes and fees. It was pointed that state corporations are burdened with over employment. 400,000 employees are excessive and are not be terminated will be paid their salaries for 3 years until jobs are found for them or each person will be granted up to 50,000 as loan for economic or productive activity for their account.

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