Public Spending
Aldabaiba and Takala discuss Unified Development Programme
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There is no political will to implement subsidy reform: Former CBL Board Member and Deputy Finance Minister Ghait
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Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member
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CBL welcomes signing of Unified Development Agreement between HoR & High State Council: important step towards strengthening financial stability and unifying development efforts
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Secular and religious agree on need for Libya’s gradual energy subsidy reform
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Aldabaiba rejects continued spending by eastern Libya government outside the legal budget
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Tripoli PM Aldabaiba closes 25 embassies, suspends overseas education scholarships and limits overseas conference participation - as part of hard currency savings drive
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Aldabaiba defends his government’s economic and spending policy – accuses CBL, Attorney General, Hafter and Saleh of causing the problems
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