Libyan Rebels to Receive Financial Aid

Posted on May 5, 2011

Flickr / Nasser Nouri Some rights reserved

Rebel fighters pray near Bin Jawad in March.

Members of the international community say Libyan rebels in Benghazi will receive some portion of the $2 billion to $3 billion they have requested to pay for the labor, food, medicine and other supplies needed to maintain a resistance to Col. Gadhafi’s forces over the coming months. Some of the money may eventually come from $30 billion in frozen Libyan assets in the United States. —ARK

BBC:

“This [money] will help them to keep basic services going… because in the east of Libya they still need to be educating people, to keep public services moving and they have to meet the expenses of all that and they don’t have much tax revenue at the moment,” he [British Foreign Secretary William Hague] said.

... The UK has already provided $21.5m (£13m) in aid to the rebels.

Meanwhile, US Secretary of State Hillary Clinton said the US was trying to free more than $30bn it had frozen in Libyan assets.

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