Oil-Rich Libya Won’t Need Financial Aid in Post-Qaddafi Era

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Libyan rebels needed NATO’S military might to bring Muammar Qaddafi’s rule to the brink of collapse. About $50 billion in cash abroad means they can do without foreign aid to rebuild the country after a six-month conflict.

Airstrikes and logistical support from North Atlantic Treaty Organization forces helped reverse the tide in Libya, stopping the advance of Qaddafi’s troops on rebel strongholds and allowing the opposition to score military victories that culminated in a sweep into Tripoli this week.