Advertisement

The World

May 25, 1987

Libyan leader Moammar Kadafi says the country's industrial base is in decline and heading for collapse unless it cuts imports, curbs mismanagement and gives its workers more incentives. In a speech to government officials, Kadafi cited cases of lackadaisical factory management, absenteeism and theft of raw materials. He called for a reorganization of industry in the North African nation based on native materials and indicated that lower oil prices were a major cause of current problems. A recording of the session, monitored by the British Broadcasting Corp., was shown on Libyan television.

Advertisement
Los Angeles Times Articles
|
|
|