
Libyan Prime Minister Abd Alhamid Aldabaiba, based in Tripoli, welcomed the signing of the US-brokered Unified Public Spending Agreement between the two politically split Libyan western and eastern administrations. Aldabaiba stated that after 13 years of political deadlock, this agreement aims to regulate public spending uniformly across Libya, with the Libyan citizen as the primary beneficiary. He expressed hope that commitment to its implementation would lead to an improved standard of living, price stability, and a stronger Libyan dinar. The Prime Minister emphasized that development is a right for all Libyans, achievable within the state's financial capacity and economic potential. He described it as a promising step, with the real test being the serious commitment of all parties to achieve tangible results for citizens. Aldabaiba thanked all contributors, including the Central Bank of Libya, representatives of the House of Representatives, and the High Council of State, as well as the US Treasury Department and Advisor Massad Boulos for their support in the mediation efforts.
Free daily or weekly digest of the most important stories from across 10 countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by Libya Herald.

Fly Cham, an Emirati-Syrian private airline, announced on April 13 its plan to introduce a new direct flight route between Damascus, the Syrian capital, and Tripoli, the Libyan capital. These flights are scheduled to commence on April 25, 2026, as part of the airline's strategy to expand its international network and improve travel accessibility.

Benghazi-based Emaar Libya Holding Company, led by Chairman Abdulhamid Musa Awad, hosted a delegation from China Railway Corporation on April 10 to explore potential investment opportunities. The discussions focused on collaboration prospects and reviewed available opportunities in infrastructure, housing, and development projects. The meeting also addressed the feasibility of implementing several strategic projects.