.gif)
By Sami Zaptia.
London, 9 May 2018:
In a very brief statement, the Central Bank of Libya (CBL) announced today that it has agreed with the Faiez Serraj-led Presidency Council (PC) on the 2018 budget totalling LD 42.5 billion.
The CBL stated that the budget included an agreement to establish a mechanism to follow up on the budget’s implementation in order to ensure their proper implementation and in order to ensure the allocated amounts are spent for the goals set for them.
The statement gave no further details. There has been no confirmation or comment from the Presidency Council on the CBL statement.
2018 budget referred by PC to CBL and Audit Bureau last week for final approval this week
Serraj spokesperson promises 2018 budget details will be revealed next week
2018 budget discussion looks at reducing 1,752,000 state-sector employees
The 2018 budget still under discussion: Serraj’s official spokesperson
NOC chairman Sanalla bemoans delay in 2018 budget allocations
