a reply to: daaskapital
But they got a centralized banking system in return.....and lost....
(should be was not is)
-There is no electricity bill in Libya; electricity is free for all its citizens.
-There is no interest on loans, banks in Libya are state-owned and loans given to all its citizens at zero percent interest by law.
-Having a home considered a human right in Libya.
-All newlyweds in Libya receive $60,000 dinar (U.S.$50,000) by the government to buy their first apartment so to help start up the family.
-Education and medical treatments are free in Libya. Before Gaddafi only 25 percent of Libyans were literate. Today, the figure is 83 percent.
-Should Libyans want to take up farming career, they would receive farming land, a farming house, equipments, seeds and livestock to kickstart their
farms are all for free.
-If Libyans cannot find the education or medical facilities they need, the government funds them to go abroad, for it is not only paid for, but they
get a U.S.$2,300/month for accommodation and car allowance.
-If a Libyan buys a car, the government subsidizes 50 percent of the price.
-The price of petrol in Libya is $0.14 per liter.
-Libya has no external debt and its reserves amounting to $150 billion are now frozen globally.
-If a Libyan is unable to get employment after graduation the state would pay the average salary of the profession, as if he or she is employed, until
employment is found.
-A portion of every Libyan oil sale is credited directly to the bank accounts of all Libyan citizens.
-A mother who gives birth to a child receive U.S.$5,000.
-40 loaves of bread in Libya costs $0.15.
-25 percent of Libyans have a university degree.
-Gaddafi carried out the world’s largest irrigation project, known as the Great Manmade River project, to make water readily available throughout
the desert country.
edit on -05:00pmTue, 21 Oct 2014 12:45:39
-0500pm1020144521PM10 by ParanoidAmerican because: (no reason given)
edit on -05:00pmTue, 21 Oct 2014 12:52:11 -0500pm1020145221PM10
by ParanoidAmerican because: (no reason given)