No Result
View All Result
Wednesday, July 16, 2025
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

Budget reunification meeting agrees to form committee to approve 2021 budget

bySami Zaptia
January 13, 2021
Reading Time: 1 min read
A A
Budget reunification meeting agrees to form committee to approve 2021 budget

budget reunification meeting in Brega agrees to form committee and reunify the 2021 budget (Tripoli Foreign Ministry).

By Sami Zaptia.

Yesterday’s budget reunification meeting in Brega agrees to form a committee and reunify the 2021 budget (Tripoli Foreign Ministry).

London, 13 January 2021:

The budget reunification meeting held in Brega yesterday between the two Libyan governments ended with the formation of a committee, the Unified Financial Committee.

The Unified Financial Committee will follow up the agreed implementation procedures and will start the full preparation of the 2021 budget within the state’s estimated revenues for 2021.

Concluding the meeting, Tripoli’s Foreign Minister, Mohamed Siala, who chaired the meeting, stressed the role of the Central Bank of Libya, the 5 + 5 Joint Military Commission, the Political Dialogue Committees and the Budget Preparation Committee in achieving what he referred to as ‘‘the Libyan people’s hopes for political, economic and military stability’’.

RELATED POSTS

Following authentication of torture videos, UNSMIL reiterates importance of expediting investigation by Libyan Attorney-General into Derisi’s disappearance and torture

Following reports of military movements and escalating tensions in Tripoli and western region, UNSMIL calls on all parties to urgently de-escalate

It will be recalled that the agreement to reunify/consolidate the budgets of western and eastern Libya would mean that the internationally recognized Libyan government in Tripoli agreeing to absorb the debts and deficit of the eastern Libyan government, most of which is financed by bank loans.

On a political front, it means Tripoli has agreed, retrospectively, to finance the costs of the war that Khalifa Hafter had launched on Tripoli from April 2019 to June 2021.

On a positive note, and applying the school of thought that the war, and all of Libya’s wars since 2011, have been over the distribution of the country’s oil wealth, the budget reunification should facilitate for faster political rapprochement between western and eastern Libya.

Optimists hope it will make UNSMIL’s facilitation of the Libyan Political Dialogue Forum (LPDF) meeting virtually to select a mechanism for choosing Libya’s new interim government easier.

 

Western and Eastern Libyan delegation meet to discuss unification of budget – part of 2020 Maetig-Hafter resumption of oil production-export agreement | (libyaherald.com)

 

 

Tags: Bregabudget reunificationbudget unificationfeaturedLPDF Libyan Political Dialogue ForumUNSMIL

Related Posts

ACA reveals 94,000 cases of state sector salary duplication in 2015
Libya

Three Fisheries officials temporarily suspend from work by Administrative Control Authority suspected of corruption

July 15, 2025
ACA reveals 94,000 cases of state sector salary duplication in 2015
Libya

ACA saves LD 409 million on school textbook printing, suspends Tripoli Education Ministry’s Textbook Warehouse Manager

July 15, 2025
Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Attorney General provides update on investigation of incidents resulting from Tripoli 2025 armed clashes and demonstrations

July 11, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba seeking long term partnership not interim solutions on combatting irregular migration

July 10, 2025
Acting Interior Minister Trabelsi taking steps to counter forged ID numbers and passports
Libya

There are 4 million irregular migrants in Libya: Interior Minister Trabelsi

July 10, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba: Militias have become criminal gangs and a state within the state

July 9, 2025
Next Post

UNSMIL welcomes budget reunification meeting, hopes for similar progress on political track to form unified government

Britain’s Rose Partners helps Interior Ministry establish Supreme Security Chamber

Britain’s Rose Partners helps Interior Ministry establish Supreme Security Chamber

ADVERTISEMENT

Top Stories

  • Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    0 shares
    Share 0 Tweet 0
  • China to resume implementation of its stalled railways projects in Libya

    0 shares
    Share 0 Tweet 0
  • Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

    0 shares
    Share 0 Tweet 0
  • There are 4 million irregular migrants in Libya: Interior Minister Trabelsi

    0 shares
    Share 0 Tweet 0
  • BP to reopen office in Libya, Shell discusses prospects for cooperation in oil field development‎

    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

Three Fisheries officials temporarily suspend from work by Administrative Control Authority suspected of corruption

UK Minister visits Tripoli – agreement signed to improve quality of English teaching at Libyan educational establishments

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.