Libya Protests, No Raiding Sovereign Wealth Fund
Posted on 09/18/2013
Libyan Central Bank Governor Saddek Omar Ali Elkaber said that he would not be using any of the cash or assets held by Libya’s US$ 65 billion sovereign wealth fund to offset a plunge in oil production in recent months. Governor Elkaber characterized the idea of fund raiding as “wrong” saying that internal struggles (like […]
