No Result
View All Result
Monday, February 6, 2023
13 °c
Tripoli
14 ° Tue
13 ° Wed
14 ° Thu
13 ° Fri
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Budget reunification meeting agrees to form committee to approve 2021 budget

bySami Zaptia
January 13, 2021
Reading Time: 1 min read
A A
Budget reunification meeting agrees to form committee to approve 2021 budget

budget reunification meeting in Brega agrees to form committee and reunify the 2021 budget (Tripoli Foreign Ministry).

12
SHARES
52
VIEWS
Share on FacebookShare on Twitter

By Sami Zaptia.

Yesterday’s budget reunification meeting in Brega agrees to form a committee and reunify the 2021 budget (Tripoli Foreign Ministry).

London, 13 January 2021:

The budget reunification meeting held in Brega yesterday between the two Libyan governments ended with the formation of a committee, the Unified Financial Committee.

The Unified Financial Committee will follow up the agreed implementation procedures and will start the full preparation of the 2021 budget within the state’s estimated revenues for 2021.

Concluding the meeting, Tripoli’s Foreign Minister, Mohamed Siala, who chaired the meeting, stressed the role of the Central Bank of Libya, the 5 + 5 Joint Military Commission, the Political Dialogue Committees and the Budget Preparation Committee in achieving what he referred to as ‘‘the Libyan people’s hopes for political, economic and military stability’’.

RELATED POSTS

Brega confirms readiness to set up Janzour Oil Depot and cooking gas cylinder factory

UNSMIL attends workshop on “State Monopoly on Weapons in Libya”

It will be recalled that the agreement to reunify/consolidate the budgets of western and eastern Libya would mean that the internationally recognized Libyan government in Tripoli agreeing to absorb the debts and deficit of the eastern Libyan government, most of which is financed by bank loans.

On a political front, it means Tripoli has agreed, retrospectively, to finance the costs of the war that Khalifa Hafter had launched on Tripoli from April 2019 to June 2021.

On a positive note, and applying the school of thought that the war, and all of Libya’s wars since 2011, have been over the distribution of the country’s oil wealth, the budget reunification should facilitate for faster political rapprochement between western and eastern Libya.

Optimists hope it will make UNSMIL’s facilitation of the Libyan Political Dialogue Forum (LPDF) meeting virtually to select a mechanism for choosing Libya’s new interim government easier.

 

Western and Eastern Libyan delegation meet to discuss unification of budget – part of 2020 Maetig-Hafter resumption of oil production-export agreement | (libyaherald.com)

 

 

Tags: Bregabudget reunificationbudget unificationfeaturedLPDF Libyan Political Dialogue ForumUNSMIL
Share5Tweet3Share1

Related Posts

Sebha and Cordoba University sign cooperation agreement
Libya

Sebha and Cordoba University sign cooperation agreement

February 5, 2023
Aldabaiba attempts to solidify his position and continues to entrench rentier state with a spree of handouts
Libya

Delaying Eni gas deal would turn Libya into a gas importer by 2027: PM Aldabaiba

February 3, 2023
UNHCR finds war criminals on all sides in the conflict
Libya

Libya must take decisive steps to address serious rights violations: UN Fact-Finding Mission on Libya

January 30, 2023
Prime minister Aldabaiba forms Ministerial committee to study reforming fuel subsidies, orders payment of family grant, increases pensions
Libya

PM Aldabaiba reviews GECOL’s summer plan to avoid power cuts

January 27, 2023
Benghazi University to hold open day on its Artificial Intelligence curriculum
Libya

Benghazi University to hold open day on its Artificial Intelligence curriculum

January 27, 2023
EU to help Libya better design and analyse policies and measure the impact of strategies
Libya

EU to help Libya better design and analyse policies and measure the impact of strategies

January 26, 2023
Next Post

UNSMIL welcomes budget reunification meeting, hopes for similar progress on political track to form unified government

Britain’s Rose Partners helps Interior Ministry establish Supreme Security Chamber

Britain’s Rose Partners helps Interior Ministry establish Supreme Security Chamber

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Flights between Athens and Benghazi to start on 2 March

    Flights between Athens and Benghazi to start on 2 March

    99 shares
    Share 49 Tweet 21
  • Aldabaiba praises activation of seven domestic airports and start of work on Tripoli International Airport’s terminal

    107 shares
    Share 43 Tweet 27
  • New Eni gas deal with Libya rejected by current Oil Minister and Bashagha

    136 shares
    Share 55 Tweet 34
  • Misrata’s Libya Industries Fair includes participants from Greece, Turkey and the U.S.

    60 shares
    Share 24 Tweet 15
  • Aldabaiba calls for conclusion of new oil agreements at Oil and Gas Sector Support Forum in Istanbul

    59 shares
    Share 24 Tweet 15
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Sebha and Cordoba University sign cooperation agreement

Misrata’s Libya Industries Fair includes participants from Greece, Turkey and the U.S.

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?