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Home Libya

GNU freezes spending of state investment funds and companies

bySami Zaptia
March 13, 2021
Reading Time: 1 min read
A A
GNU freezes spending of state investment funds and companies

By Sami Zaptia.

Aldabaiba started issuing decrees today after moving into the PM’s Office (Photo: GNU).

London, 13 March 2021:

In its first decree (1/2021) since physically moving into the Tripoli Prime Minister’s Office, the incoming Libyan Government of National Unity (GNU) of Abd Alhamid Aldabaiba today froze all financial activities of all state investment funds and companies.

The temporary freeze excludes the payment of salaries.

The GNU said this is to avoid any suspicion of corruption.

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Tags: Abd Alhamid aldabaiba pm GNU Government of National Unityfeatured

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