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Libyan State Council Rejects Budget Passed by Parliament

July 11, 2024
Libyan State Council Rejects Budget Passed by Parliament

Libyan State Council Rejects Budget Passed by Parliament

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Mohamed Takala, Head of the Libyan High Council of State, expressed his complete rejection of the House of Representatives’ approval of the general budget amounting to nearly 179 billion dinars, calling for stakeholders to challenge the budget law.

In a letter to the Speaker of the House of Representatives on Thursday, Takala stated that the session approving the budget was marred by serious and multiple violations.

He highlighted that MPs themselves had expressed these concerns through various media, deeming the session’s proceedings to be fundamentally flawed.

Takala emphasized the failure to refer the budget draft to the High Council of State for mandatory review as stipulated by the Libyan Political Agreement signed in Skhirat.

Takala accused the House of Representatives of overstepping its bounds and warned that their unilateral management of public affairs would only lead to further division and waste of resources. He stressed that those responsible for these actions would be held accountable for their negative impacts on society and the country’s future.

He reiterated that the High Council of State does not recognise the outcomes of the recent parliamentary session, considering them legally ineffective due to non-compliance with the budget law approval procedures.

On Wednesday, the House of Representatives voted to adopt the largest budget in Libya’s history, totalling 179 billion dinars, including an additional allocation of approximately 88 billion dinars.

The Parliament-designate government said that the budget is “unified for all of Libya,” and considered feedback from all relevant parties, promising that the budget would positively impact economic, political, and social aspects of life, while promoting transparency in public spending according to the state’s financial law.

Tags: Ageela SalehHigh Council of StatelibyaMohamed Takalaparliament
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