Friday, May 9, 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 Official Criticises Proposed Fuel Subsidy Cuts in Libya

January 10, 2024
Share on FacebookShare on Twitter

Member of the Libyan Political Dialogue Forum (LPDF), Amal Bugaigis has emphasised that “those advocating for the removal of fuel subsidies are out of touch with reality. Removing fuel subsidies in a country completely devoid of public transportation, where its citizens rely on meagre salaries that may or may not come on a schedule, dictated by astrology and the cost of living, is bewildering.”

She further remarked, “It appears that the decision-makers are disconnected from the harsh reality of the situation.”

Libya, despite being rich in oil reserves, is grappling with a persistent fuel crisis. This is largely attributed to the country’s ongoing political instability and conflict, which have disrupted oil production, and distribution networks.

Fuel smuggling and black market activities exacerbate the situation, leading to shortages and inflated prices. This situation severely impacts the daily lives of Libyans, who face long queues at petrol stations, and frequent power outages.

The government’s difficulty in maintaining consistent fuel subsidies further complicates the issue, adding to the economic burdens of its citizens, in an already strained socio-economic environment.

Libya has been in chaos since a NATO-backed uprising toppled longtime leader Muammar Gaddafi in 2011. The county has for years been split between rival administrations.

Libya’s economy, heavily reliant on oil, has suffered due to the ongoing conflict. The instability has led to fluctuations in oil production and prices, impacting the global oil market and Libya’s economy.

The conflict has led to a significant humanitarian crisis in Libya, with thousands of people killed, and many more displaced. Migrants and refugees using Libya as a transit point to Europe have also faced dire conditions.

The planned elections for December 2021 were delayed due to disagreements over election laws and the eligibility of certain candidates. This delay has raised concerns about the feasibility of a peaceful political transition.

Despite the ceasefire, security remains a significant concern with sporadic fighting and the presence of mercenaries and foreign fighters. The unification of the military and the removal of foreign forces are crucial challenges.

Tags: FuelFuel SmugglinglibyaLibyan Official
Next Post

Libya's NOC Committed to Neutrality

POPULAR CATEGORIES

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

MUST READ

21,000 in Libya Receive Emergency Aid from UNHCR

Philippines Criticises US Deportation Plan to Libya

Libya’s Dabaiba Accused of Trading Migrant Returns for US Political Support

Libya’s Central Bank Reports 37.7 Billion Dinars in Revenue by April

EU Condemns Arbitrary Detention in Libya

Libyan Parliament Demands Urgent Probe into Deportation Allegations

EDITOR PICKS

Libyan Officials Discuss Prison Conditions in South Libya

Libya Detains Cancer Authority & Tender Committee Heads

1.2 Billion Libyan Dinars Spent on Salaries & Operating Costs

Libya’s Dabaiba Accused of Trading Migrant Returns for US Political Support

EU Condemns Arbitrary Detention in Libya

Libyan Parliament Demands Urgent Probe into Deportation Allegations

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

© 2024 LR

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

© 2024 LR