Tripoli Prime Minister Aldabaiba welcomes signing of US-brokered Unified Public Spending Agreement
via Libya Herald2 min read
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.
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