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Tuesday, July 15, 2025 20:39 GMT

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Central Bank of Libya Governor Urges Single Budget Allocation


Media outlets cited an anonymous source that the Central Bank of Libya (CBL) Governor insists on disbursing funds only for a single budget approved by the Parliament.

The bank urged the consideration of consumer spending rationalization and cautioned against the risks associated with expanding public expenditure.

The Governor reportedly communicated this stance to PM Abdul Hamid Dbeibah, emphasizing the need to end the ongoing duplicity in spending practices.


published:04/01/2024 05:13 GMT

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