$2mn UK aid to Libya

Image
IANS Tripoli
Last Updated : May 04 2018 | 9:25 AM IST

The UK has announced a $2 million aid to Libya to support its private sector and provide employment to young people and women.

The British Embassy here said on Thursday that the aid is for a micro-finance scheme in partnership with Expertise France. They will design and implement projects to contribute to Libya's balanced development, Xinhua news agency reported.

Libya is plagued by economic crisis due to escalating violence and political division following the 2011 uprising that toppled former leader Muammar Gaddafi.

--IANS

nks/in

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: May 04 2018 | 9:20 AM IST

Next Story