1.1 - I want to start not quite at the beginning but with what happened during the 17 February Revolution and its aftermath, in which I was very much involved, and explain how the great hopes for #Libya in 2011 were dashed.
Although levels of oil production increased, the Ministry of Finance was concerned by a budget deficit of 19 billion dinars or approximately 20% of GDP.
Society (family basis),
Local governments and
1- Unification of a smaller central government,
2- Social security for all libyan families,
3- Equitable local partnership in governance, and finally
4- Equitable national voice and participation for individual citizens
3.8 The fundamentals of this new approach fo would be based on a series of economic rights.
To liberate the Libyan economy from bad behavior incentives and institutions created by the wage and subsidy entitlements, so Libyans can create real work.
It must happen for a proper division of labour between national armed forces and security agencies, and local ones, to ensure a lasting balance.
own economies, by receiving and controlling their own recurrent and capital budgets, as a real share in the flow of funds from natural resources.
4.1 There is now a need for a short term non‐political technocratic government to fine tune the existing electoral law, perhaps by clarifying the legal interpretation of that law.
5.1 I want to finish with a story about a country which was ruled for many years by a ruthless dictator. This dictator in line with the socialist label that he gave to his regime, introduced a wide array of wage and price controls.