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World

UNDP supports Libyan micro projects with 17 million USD

2018-02-12 09:21:14

TRIPOLI, Feb. 11 (Xinhua) -- The United Nations Development Program (UNDP) has provided 17 million U.S. dollars to finance micro-projects in some Libyan cities, the Ministry of Local Governance said on Sunday.

Officials of the ministry held a meeting in the capital Tripoli on Sunday with UNDP's Capacity Project Coordinator in Libya, Saleh Ali Al-Shibani.

"The United Nations Development Program has provided 23 million dinars (17 million dollars) to finance some micro-enterprises in some municipalities," the ministry said in a press release.

The press release did not specify the type of targeted projects of the program.

UNDP has provided assistance to a number of Libyan cities during 2017, especially cities that witnessed security tensions or military escalation, including Benghazi, Sirte and Ubari.

Since the overthrow of former leader Gaddafi's regime in 2011, Libya has been plagued by insecurity and political division that negatively affected the oil-rich country's economy.

Editor:Jiang Yiwei