Libyan Rebels Seek $2 Billion From Allies, Tarhouni Says
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Libya’s opposition said it is discussing with allies the possibility of borrowing $2 billion in order to import food, medicine, fuel and possibly weapons to combat Muammar Qaddafi’s forces.
“The short term loans is an option on the table that we discussed with our friends” at a conference today in Qatar, Ali Tarhouni, the National Transitional Council’s finance minister said in an interview today in Benghazi. The borrowing may have a term of as long as two years and would be backed by Libyan assets frozen abroad, which could be used to reimburse the lenders once unlocked, he said.