Public Spending
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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Op-Ed: Government over-spending to lead to economic and political stability or bankruptcy and a devalued dinar?
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Tripoli government seeking to rationalise public spending on official events
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CBL latest data reveals US$ 9.9 billion deficit in foreign currency public spending in 2023
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