Wednesday, November 5, 2025
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 PM Calls for Legislation Against Currency Speculation

December 14, 2023
Share on FacebookShare on Twitter

The Prime Minister of the Libyan Parliament-designated government, Osama Hammad urged the Parliament to “swiftly enact legislation criminalizing speculation in the economy, to align with the overall plan to regulate prices.”

Hammad stated that since taking office, the Libyan government has been “committed to providing a decent life for Libyan citizens across the nation. The Libyan government aims to ensure all citizens’ rights, including access to essential goods at reasonable prices, aligned with income levels and developmental plans.”

Hammad called on the Attorney General’s Office to “supervise and monitor all relevant regulatory authorities, directing them to enforce price regulations and apply the law to violators”

The government has implemented several measures, with the latest being Decision No. 40 of 2023, determining prices for certain food items.

The PM specified the maximum prices for essential goods, and tasked relevant judicial control officers with monitoring violations and taking swift actions to ensure effective enforcement.

He urged all economic monitors in municipalities to oversee the implementation of comprehensive economic plans, and take necessary measures.

Hammad pointed out that his government has begun implementing a comprehensive economic plan, including importing and providing essential goods to citizens through various commercial channels.

On Saturday, Deputy Speaker of the Libyan Parliament, Misbah Duma affirmed the Parliament’s commitment to combat corruption, urging everyone to unite and collaborate to eradicate this phenomenon.

During his address at the events marking the International Anti-Corruption Day, Duma emphasised the gravity of corruption plaguing the country.

The event was attended by Prime Minister of the Parliament-designated government, Osama Hammad and several ministers. As well as the heads of the National Anti-Corruption Commission and the Administrative Control Authority.

MP’s including Ibrahim Al-Zeghid, Mohammed Tamer, Suleiman Suweiker, Azaldin Gweirb, Rahma Abu Bakr, and Sultana Al-Mismari, also participated in the event.

Tags: CurrencylibyaLibyan PMOsama Hammad
Next Post

Libyan Labour Ministry to Provide Training for Former Militias

POPULAR CATEGORIES

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

MUST READ

Libya & EU Sign New Partnerships for Sustainable Energy & Environment

Libya’s NOC Discusses Oil Development with SLB in Abu Dhabi

2 Libyan Soldiers Killed in Border Pursuit Near Algeria

Turkey Seeks Libyan Oil to Replace Russian Crude

War Crimes Suspect Osama Najim Arrested in Libya

Germany Reaffirms Support for Libya’s Sustainable Future

EDITOR PICKS

Haftar Praises Zintan’s Role in Libya’s Stability & Sovereignty

Libya Records 60% Growth in Inbound Tourism in 2025

Libya’s Human Rights Chief Meets Italian Ambassador to Discuss Migration

UK Ambassador Meets Libya’s Election Chief to Discuss Democratic Progress

2 Libyan Soldiers Killed in Border Pursuit Near Algeria

War Crimes Suspect Osama Najim Arrested in Libya

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

© 2024 LR

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

© 2024 LR