Forum on the non-state financing of development projects to be held in Tripoli tomorrow

By Sami Zaptia.

London, 6 February 2017:

The Libyan High State Council (HSC) has announced that a forum will be held at the Mahari-Radisson hotel in Tripoli tomorrow ‘‘To find a Mechanism for Non-State Finance of Development Projects’’.

The three-part agenda announced by the HSC includes:

1-Finding a balanced and stable valuation for the Libyan Dinar

2-Substituting state goods subsidies to cash subsidies in exchange

3-Finding mechanisms for financing development projects outside the state budget

Those present at the forum will be:

1-HSC

2-House of Representatives

3-Presidency Council/Government of National Accord

4-Central Bank of Libya

5-Audit Bureau

6-Administrative Control Authority

7-Ministry of Finance

8-Ministry of Planning

9-National Oil Corporation

10- Libyan Investment Authority

11- plus other state institutions.