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Home » Libya’s parliament and High Council of State call for investigation into GNU spending

Libya’s parliament and High Council of State call for investigation into GNU spending

Thursday, February 29, 2024 Economy 1 Min Read
Dbeibeh creates new armed group

Libya’s House of Representatives and High Council of State took note of the Central Bank’s warning against excessive spending by the Government of National Unity, calling for an investigation into the expenditures of the Tripoli-based government.

This came in a a joint statement today following the conclusion of talks in Tunisia between over 100 members of both chambers.

The Governor of the Central Bank of Libya, Saddek Elkaber, has accused GNU’s Prime Minister Abdul Hamid Dbeibeh, unregulated massive spending, which he deemed to be detrimental to the financial sustainability of the state.

In a letter addressed to Dbeibeh and published on last Tuesday, Elkaber criticized the pledges that the premier made to increase public salary and welfare grant, among other promises, during in a speech on 14th anniversary of the 2011 Libyan uprising that toppled former leader Muammar Gaddafi.

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