London (CNN)Britain"s military intervention in Libya was based on "inaccurate intelligence" and "erroneous assumptions," a report released Wednesday found, pointing the finger at former Prime Minister David Cameron for failing to develop a sound Libya strategy.
The World Bank has reported that Libya generated $41.14 billion GDP in 2014, the latest year for which figures are available, and that the average Libyan"s annual income decreased from $12,250 in 2010 to $7,820.
Libya is likely to experience a budget deficit of some 60% of GDP in 2016, the report said.
Read more: http://www.cnn.com/2016/09/13/europe/libya-uk-intervention/index.html
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