The head of the House of Representatives’ Finance Committee, Omar Tantush, said that public debt accumulated between the two governments from 2014 to 2024, noting that the new law will cancel all public debt resulting from the revaluation of the Central Bank of Libya’s assets according to the new exchange rate approved last April.
In exclusive statements to the Qatari “Al-Araby Al-Jadeed” website, Tantush explained that full coordination was undertaken with the Central Bank to ensure the law is implemented in a manner that suits the country’s financial situation.