After Kadhafi took power in a 1969 coup he had practically scrapped the private sector, sweeping away schools, factories, businesses, libraries and hotels and replacing them with state-run enterprises. Now many realise that the future is in the private sector, not in the public sector anymore,” she told AFP. “From one war to the next our company did not survive,” the 45-year-old told AFP. “The situation became unbearable until finally in March 2015 we had to shut down, sell the machines, fire staff and leave Libya for our own security,” he told AFP during a visit back home. “The whole purpose of our family’s business was to create something in the country, for the country,” said Fathi.
Source: The North Africa Journal July 19, 2020 16:30 UTC