The Prime Minister of Libya’s House of Representatives (HoR)-designated government, Osama Hammad, has ordered the dissolution of three administrative bodies, transferring their mandates to the Libyan Development and Reconstruction Fund.
According to a statement posted on the government’s official Facebook page, Resolution No. 392 of 2024 stipulates the dissolution of the Urban Development Authority, the Administrative Centers Development Authority, and the Public Projects Authority.
The resolution’s second article transfers all fixed and movable assets of the dissolved entities to the Development and Reconstruction Fund. Additionally, all employees of these entities will also be integrated into the fund’s workforce.
Article Three tasks the General Director of the Development and Reconstruction Fund with forming one or more committees to oversee the liquidation of the dissolved bodies. These committees will be responsible for evaluating assets, documenting liabilities, and completing all administrative and financial procedures necessary for transferring operations and staff.
The HoR approved the establishment of the Development and Reconstruction Fund on February 5, 2024, as part of broader reforms, including amending some provisions related to police services.
As part of this decision, the HoR transferred 10 executive bodies to the Reconstruction Fund. These include the Oil Crescent Development Authority, the Urban Development Authority, the Administrative Centers Development Authority, the Executive Authority for Oil Regions Development, the Public Projects Authority, the Reconstruction and Stability Committees for various cities, the Housing and Utilities Projects Implementation Authority, and the Roads and Bridges Department.
