The Deputy Governor of the Central Bank of Libya (CBL), Maree Al-Barasi, announced his resignation from the membership of the Libyan Supreme Finance Committee, which was formed by the Presidential Council’s decision to monitor public spending.
Al-Barasi explained in his resignation letter that the Supreme Finance Committee was formed in violation of the laws and legislation in force in the Libyan state, in violation of the political agreement signed in Moroccan Skhirat.
Also, 4 members of the Supreme Finance Committee, Fakher Bouferna, Hatem Al-Araibi, Ahmed Al-Mortada, and Abdullah Al-Obeidi, announced that they did not participate in the committee’s last statement issued on August 30, and that they did not know the reasons for issuing it, where there was no discussion about it, so it does not express their opinion, according to the members.
The 4 members explained that the committee had not decided on a mechanism for distributing government spending, stressing that the sub-committees for the budget chapters are still in discussions, data collection, and inventory of stumbling blocks in government spending.
The Supreme Finance Committee announced in a previous statement the adoption of the basic system for its work and the actual start of communication and coordination with ministries and general agencies, and the completion of organizing aspects of spending for the third and fourth chapters, and they will be disbursed during the next few period.