IMF warns of overspending by Libya’s eastern authorities
The International Monetary Fund has warned that authorities in eastern Libya spent around 60 billion dinars ($12.5 billion) in
In a meeting between Libya’s Prime Minister Abdulhamid Dbeibah and UN Envoy Hanna Tetteh discussions, according to local media, focused on recent Central Bank reports, concerning the need for transparency in presenting financial data and ensuring a way to creating a stable path to future national elections. Both parties agreed the need for transparency in presenting financial data, which was vital to “strengthening public confidence in state institutions and ensuring proper oversight of public spending.”
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