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Libya's national congress picked Mustafa Abu Shagour as prime minister on Wednesday, the U.S.-trained optical engineer naming improved services and security as his priorities a day after Islamist gunmen killed the U.S. ambassador to Libya.
Abu Shagour defeated wartime rebel premier Mahmoud Jibril in a close second round vote by 96 votes to 94 in a contest that was shown live on national television.
As government chief he will be responsible for the day-to-day running of Libya's oil-based economy while the national congress elected in July passes laws and helps draft a new constitution for the North African state.
Foreign companies, notably oil majors keen for a stake in Libya's lucrative oil fields, hope the new government will prove able to make major decisions, unlike the previous administration which lacked a popular mandate.
Originally posted by Swills
reply to post by freemarketsocialist
Yeah, from this site their debt is in the billions but nothing a few years of oil put out can't cure.
External debt: $5.285 billion (31 December 2011 est.)
We all know that Libya was the best country in Africa before what happened.