11/22/2011 01:48 pm ET | Updated Jan 22, 2012

Libya: Formation Of Transitional Government Announced

By RAMI AL SHAHEIBI -- The Associated Press

TRIPOLI, Libya - Libya's interim prime minister has announced the formation of a transitional government that will lead the oil-rich country until parliamentary elections are held next year.

Abdurrahim el-Keib announced his Cabinet at a news conference in Tripoli on Tuesday night, sticking to a timeline for Libya's transition that the new leadership set out after declaring liberation on Oct. 23.

The formation of the Cabinet clears the way for the next key step on that timeline: the election of a 200-member national congress by the end of June.

After toppling Moammar Gadhafi's regime in August, Libya's new leaders are still struggling to solidify their control over the fractured nation and to begin building state institutions that were nonexistent or weak under Gadhafi.