GNA and CBL agree on a LD 37.56 BN 2017 emergency ‘‘budget’’: HoR rejects it as unconstitutional

By Sami Zaptia. London, 30 December 2016: The Faiez Serraj-led Government of National Accord (GNA) and the Tripoli-based Central Bank of Libya (CBL) announced yesterday that they have agreed on ‘‘Temporary Financial Arrangements’’ for 2017. The unusual phrasing ‘‘Temporary Financial Arrangements’’ is deliberately used by the GNA and CBL to avoid using the incendiary term … Continue reading GNA and CBL agree on a LD 37.56 BN 2017 emergency ‘‘budget’’: HoR rejects it as unconstitutional