Monday, May 18, 2026
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libyan Parliament to Discuss New Government’s Budget

May 27, 2022
Share on FacebookShare on Twitter

Media Adviser to the Speaker of the Libyan Parliament, Fathi Al-Marimi said that “briefing the Constitutional Amendment Committee and the Finance Committee’s proposal on the budget is likely to be at the top of the agenda of the Parliament’s upcoming session.”

In press statements, Al-Marimi said that “it is expected that MP’s will call for a session next week, and will be announced on Wednesday or Thursday.”

“The Finance Committee is studying the draft budget submitted by the government of Fathi Bashagha. The Constitutional Amendment Committee must submit the results of Cairo’s consultations with the High Council of State (HCS), for the deputies to express their opinions on it,” he added.

Last month, Parliament Speaker, Ageela Saleh issued a statement in which he demanded the opening of oil fields and the resumption of exports, “provided that its revenues be transferred to the Libyan Foreign Bank (LFB), and not to the Central Bank of Libya (CBL)

He explained that “this procedure will continue until it is agreed to form a committee of experts to distribute revenues equitably among the three regions of Libya.”

In an official statement, the Parliament said that this decision was taken “to preserve the interest of the Libyan people, and to ensure that they benefit from the high oil prices at the present time.” It added that “this requires us to continue to pump oil and ensure the regular work of vital facilities, protecting them from tampering, corruption, and wasting of public money.”

The United States Ambassador to Libya, Richard Norland confirmed that the Head of the Libyan National Oil Corporation (NOC), Mustafa Sanalla “was under great pressure” to transfer oil revenues to the Government of National Unity (GNU) in April.

  • UN Security Council to Discuss Libyan Elections
  • Stephanie Williams Appointed Special Adviser on Libya by UN
  • Williams Meets Arab League Chief to Discuss Libya
  • US Congress To Vote on Bill To Support Stability In Libya
  • UN Adviser Highlights Need for Libyan Elections
Tags: libyaLibyan GovernmentLibyan parliamentNew Government
Next Post

Libyan Medical Delegation Visits Egypt

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya Fuel Crisis Concerns Grow Despite Official Denials

Libyan National Army Launches Largest Military Exercise

Can Libya’s New Border Strategy Reshape Sahel Security?

Libyan Court Clears Former Gaddafi Officials Of Charges Linked To 2011 Unrest

Renewed Security Unrest Reported in Libyan Capital, Tripoli

Rights Group Urges Libya to Release Detained Sudanese Refugees

EDITOR PICKS

Libyan War Crimes Suspect Faces ICC Hearing Tomorrow

Libyan PM Demands Urgent NOC Briefing on 2026 Unified Spending Funds

Libya’s Benghazi Calls for Museum to Protect Heritage

Italian Appeals Court Releases Libyan Prisoner

Rights Group Urges Libya to Release Detained Sudanese Refugees

Egypt & Libya Reject Foreign Interference in Libyan Affairs

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR