No Result
View All Result
Tuesday, February 17, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

GNC Finance Committee preparing to sign off on LD 1,000 grant to families

byGeorge Grant
November 29, 2012
Reading Time: 2 mins read
A A
GNC Finance Committee preparing to sign off on LD 1,000 grant to families

Dinars

By George Grant.

The payment is intended to help families cover the cost of Eid Al-Adha. (Photo: George Grant)

Tripoli, 29 November:

The GNC’s Budget, Planning and Finance Committee is preparing to activate the decision to grant every Libyan . . .[restrict]family 1,000 dinars to help cover the costs of Eid Al-Adha which started on 25 October.

Resolution 64 (2012) was passed on 18 November, although the decision to distribute the funds was announced on 10 October by GNC Spokesman Omar Hmaidan. It was said at the time that the funds would not be ready for disbursement for at least two months.

At a meeting of the Budget, Planning and Finance Committee on Wednesday, during which the legislation was reviewed, it was determined that authorisation would be granted to the Central Bank to proceed with disbursing the funds in the next two weeks. In its current form, Law 64 does not state the exact sum to be granted to Libyan families.

RELATED POSTS

Top law firm joins new British Libyan Business Association

An academy with a difference in Tripoli

The legislation marks the third time that the authorities have decided to make a payment to the population at large since last year’s revolution.

In February the NTC announced a one-off payment of LD 2,000 to every family to celebrate the first anniversary of the revolution. The payments took several months to be made owing to the lack of a functioning database, but it is hoped this latest round of payments will be processed more efficiently now that the system is up and running.

Also in February, the NTC resolved to pay every revolutionary who had fought in last year’s war, with LD 4,000 going to married fighters and LD 2,400 to unmarried ones. The scheme quickly descended into chaos with some revolutionaries not getting paid while payments were made to names who never existed in the first place.  In April, the government was forced to temporarily suspend payments in order to implement more rigorous identification criteria.

Most recently, the GNC also approved in principle plans to give every family a monthly allowance. Exact figures are not due to be discussed until January although it has been suggested that every family would receive between LD 300-500 with an additional amount of between LD 50–100 for every dependent mentioned in the Family Book. [/restrict]

Tags: Central BankfeaturedGNCLibya

Related Posts

Interior Ministry’s Diplomatic Missions Protection personnel receiving training in Ukraine
Libya

Interior Ministry reports increased crime-fighting success despite lack of resources

February 16, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba criticises corruption and mismanagement within health sector – calls on sector to reform itself in return for his support

February 16, 2026
NESDB discusses food security and social protection with World Food Programme
Business

NESDB holds Istanbul meeting to advance Libya’s food security programmes

February 15, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

PM Aldabaiba launches ‘‘100-Day Strategy for Health Sector Reform’’ – inaugurates over 20 health facilities across the country

February 15, 2026
Libya’s western-based army opens enrolment
Libya

General Staff of Libyan Army strongly condemns yesterday’s Janzour armed clashes – those responsible will be held accountable

February 14, 2026
Janzour militia clashes cause damage to Tripoli West power station
Libya

Calm returns to Janzour after overnight militia clashes

February 13, 2026
Next Post

Trucks loaded with stolen oil company equipment seized: reports

Supreme Judicial Council committed to restructuring Libyan judicial system

Top Stories

  • NOC announces force majeure at Zawia port

    Seven companies successful as Libya announces results of first public bidding round for oil and gas exploration‎ in 17 years

    0 shares
    Share 0 Tweet 0
  • General Staff of Libyan Army strongly condemns yesterday’s Janzour armed clashes – those responsible will be held accountable

    0 shares
    Share 0 Tweet 0
  • MFZ signs strategic maritime MoU with the Egyptian company MAPSO to enhance capabilities in building and maintaining marine vessels

    0 shares
    Share 0 Tweet 0
  • Tunisian Ministry of Transport announces studies for railway connection project with Libya and Algeria

    0 shares
    Share 0 Tweet 0
  • Military Industrialisation Organisation signs major strategic agreement with Turkish company to begin a new industrial phase

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

HoR Members, Benghazi Municipality and Benghazi Chamber meet British business delegation visiting Benghazi

There is no shortage of food supplies in the Libyan marketplace: Customs Authority

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.