The Deputy Governor of the Central Bank of Libya, Ali Al-Hibri, stated that 50% of the cash reserve has been spent since 2011 due to wars, political conflicts and the government deficit in the general budget.
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Browsing: Libya
Libyan Prime Minister Abdul Hamid Dbeibeh met on Saturday with 62 members of the country’s House of Representatives whom voiced their support for the premier to remain in power “for two years or until elections are held,” according to a joint statement by the MPs.
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Prime Minister of the Libyan Government of National Unity (GNU), Abdel Hamid Dbeibeh, launched Saturday, the “Plant a Tree” project in Tripoli, to protect the environment.
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The Libyan Coast Guard intercepted on Saturday 91 migrants of different African nationalities in the Mediterranean and returned them to Tripoli, according to the Libyan Interior Ministry.
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The Libyan Interior Ministry has announced the seizure of a factory and a store selling weapons, in Zliten, during a raid in the city on Saturday.
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UN Special Adviser on Libya, Stephanie Williams, said Saturday she met with the Head and other officials of the Libyan National Forces Alliance party in Tripoli.
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The Secretary-General of the United Nations, António Guterres, told reporters on Friday that that his Special Adviser to Libya, Stephanie Williams, is conducting all forms communications and mediation in the hope of creating the conditions for the country to hold elections in the first quarter of this year.
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“Promoting dialogue between all actors in Libya is a necessary for building an effective political roadmap that preserves stability and unity and leads to elections in the near period,” said Luis Miguel Bueno, the European Union’s spokesperson for the Middle East and North Africa.
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The new political road map being studied by Libya’s House of Representatives is a “distraction” created by the political elites in the country who wants to waste time and make elections impossible, a Libyan analyst said.
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OPEC+ compliance with oil production cuts rose to about 122% in December, two sources from the producer group told Reuters, indicating that some members continue to struggle to raise their output.
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