August 25th, 2011
03:21 PM GMT
At the core of this effort is the desire to avoid an “Iraq-like” situation where the country collapses and the Libyan rebel movement is without funds to pay government salaries, provide urgent medical care and food – the staples of day-to-day living.
At a press conference in Dubai this week, Aref Ali Nayed, Libya’s Ambassador to the UAE and Operations Coordinator for the Libya Stabilization Team said they want to “achieve stability and peace as quickly as possible and to achieve a normality of life in all sectors of life.”
To that end Mahmoud Jibril, head of the NTC's executive committee, was originally seeking to get a commitment for $2.5 billion before this weekend. After meetings of Contact Group officials in Doha, the ante has reportedly been doubled.
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