In video excerpts published by the Dar Al-Ifta, Libya’s Religious Council, its head, the Grand Mufti of Libya, Sadeg Al-Ghiriani, was very critical of the economic situation in Libya. He was critical of the lack of effective action taken by those in power in lessening the economic burden on the average Libyan citizen.
Al-Ghiriani said “Every official in Libya should be ashamed of the collapse of the Libyan dinar against foreign currencies and the dollar exchange rate reaching about 7 Libyan dinars’’.
It was expected that the new CBL Governor and his Board of Directors would be more proactive and effective in improving the exchange rate of the Libyan dinar against the main foreign currencies.
The Grand Mufti went to say ‘‘Libyans export one and a half million barrels per day of oil and their (annual state) budget is 170 billion dinars, and yet when the Libyan walks, he walks humiliated, despicable, humiliated, and exchanges the Libyan dinar for half a Tunisian dinar or less’’.
Directing a broadside at Libya’s politicians and administrators, He added ‘‘And after this humiliation, no Libyan official was ashamed (enough) and resigned.”
