🇱🇾LibyaNorth Africa
Libyan government delegation discusses financial and economic cooperation with US Treasury officials
via Libya Herald1 min read
A delegation from the Tripoli-based Libyan government met with US Treasury Department officials, including Deputy Assistant Secretary of the Treasury Eric Meyer, in Washington DC last week. Discussions focused on financial and economic issues, including the Libyan-American partnership for the unified national budget's implementation and sustainability, aiming to enhance financial stability and public spending efficiency. The Chairman of the Libyan Investment Authority LIA also reviewed the status of Libyan assets abroad and explored cooperation with US partners to increase returns and improve sovereign asset management. The Libyan delegation highlighted economic and financial reforms aimed at transparency, improving the business environment, and supporting sustainable economic growth. The delegation included the Minister of Transport, Mohamed Al-Shahoubi, the Minister of Oil and Gas, Khalifa Abdel Sadig, the Minister of Economy and Trade, Suhail Abou Shiha, the Head of the Executive Team for PM’s Initiatives and Strategic Projects, Mustafa Al-Mana, the Director General of the National Mining Corporation, Faraj Al-Shandouli, and the Chairman of the LIA, Ali Mahmoud.
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This summary was AI-generated from a story originally published by Libya Herald.
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