Muammar Gaddafi : A Symbol of Autocracy in Libya
On the other hand, We see a large number of population struggle for their daily needs, lives a very miserable life. By depriving mass people, He and his family passing luxurious life, investing in Hollywood Industry and pass time with American celebrities. The main elements which contribute to improve economics situation is OIL. In Petroleum sector, Libya earns more than 30% of its GDP. Libya takes highest GDP in Africa. From 2001 to 2011, The GDP structure of Libya growth by 10.6% ratio. Although Libya takes highest record in GDP but most of her people lives in very vulnerable life. They could not get their normal daily needs properly. Gaddafi is a clever man, he keeps relation among countries leaders who can support him as he wants. As he is a millionaire and a bad person, so he can do everything when want.
Many Italian companies has a strong Business in Libya. Italy buy 1/4 Th Libyan Oil and 1/6 Th of its natural Gas. By giving 21 million US, Gaddafi bought 7.5% share of Italian club ' JUVENTUS '. In 2003, she bought a Air Bus by 120 millions from Saudi. In one aspect We see his very much luxurious life and other aspect We see common people suffering in Libya.
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