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Libya: Economic Situation

Foreign and Commonwealth Affairs written question – answered on 17th October 2011.

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Photo of Douglas Alexander Douglas Alexander Shadow Foreign Secretary

To ask the Secretary of State for Foreign and Commonwealth Affairs what recent assessment he has made of the potential contribution of member countries of the Arab League to economic recovery in Libya.

Photo of William Hague William Hague The Secretary of State for Foreign and Commonwealth Affairs

Regional states have played an integral role in the international effort to protect civilians in Libya and will also be crucial to Libya’s economic recovery. The UN, in the form of the UN Support Mission in Libya, has been tasked with co-ordinating the international response to the stabilisation agenda in Libya. We anticipate that the countries of the Arab League will play an important part in providing the support the Libyan Government requires to rebuild the Libyan economy, and the Government will continue to work closely with them, the UN, International Monetary Fund and World Bank on this issue.

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