Mu'ammar Al-Qadhafi says move prompted by what he called mismanagement of oil revenue.
By THE MEDIA LINE NEWS AGENCYqadafi 88(photo credit: )
Libyan President Mu'ammar Al-Qadhafi said he would dismantle the current cabinet over what he called mismanagement of oil revenue.
The leader told his parliament that large projects were falling behind schedule and that all the country's six million citizens had the right to benefit from oil-related revenues.
The current structure of government had failed, Al-Qadhafi said.
The parliament will discuss dismantling cabinet committees over the next few days.
All portfolios in the cabinet headed by Al-Baghdadi Al-Mahmoudi will undergo reform apart from three ministries - security, defense and the ministry in charge of services and public works, according to the London-based A-Sharq Al-Awsat.
Al-Qadhafi said new committees would be formed by citizens who will benefit directly from oil revenues.
Libya has in recent years been making efforts to shed its oppressive image and become closer to the Western world.
These efforts have included abandoning its weapons of mass destruction program in 2003, offering compensation to the families of victims of the Pan-Am plane that was bombed over Lockerbie in 1988 and releasing five Bulgarian medics and a Palestinian doctor last year, who were accused of infecting Libyan children with AIDS.
The OPEC member hoped these measures would increase foreign investment and improve its economic situation.
The European Union Commission last week presented proposals to bolster relations with Libya. The commission is seeking to strengthen political, social, economic, commercial and cultural relations with Libya.
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