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Libya: Dbeibeh Strongly Rejects Public Spending Outside Legal Frameworks
Prime Minister Dbeibeh Emphasizes Fiscal Discipline
Libyan Prime Minister Abdulhamid Dbeibeh has firmly rejected any form of public spending that occurs outside the official legal and institutional frameworks. In a recent cabinet meeting, Dbeibeh stressed the importance of adhering to the financial laws and regulations that govern the country’s public expenditures. He warned that any violations of these frameworks could lead to serious consequences, both legally and economically.
Dbeibeh’s remarks come amid growing concerns over the misuse of public funds and the lack of transparency in financial transactions by various state institutions. He reiterated that the Government of National Unity (GNU) is committed to ensuring that all spending is conducted through the Ministry of Finance and in accordance with the national budget approved by the relevant authorities.
Call for Institutional Accountability and Transparency
The Prime Minister called on all government bodies and public institutions to respect the financial procedures and avoid unilateral decisions regarding expenditures. He emphasized that any spending outside the approved budget or without coordination with the Ministry of Finance would be considered a breach of the law.
- All public spending must be channeled through the Ministry of Finance.
- Institutions are required to operate within the limits of the approved national budget.
- Unauthorized financial decisions will be subject to legal scrutiny and potential penalties.
Dbeibeh also highlighted the need for greater cooperation between state institutions to ensure financial stability and prevent corruption. He noted that the government is working to implement reforms that will enhance transparency and accountability in public finance management.
Political and Economic Implications
This firm stance by the Prime Minister is seen as a response to increasing political tensions and disputes over financial control in Libya. With multiple factions vying for influence, the issue of public spending has become a contentious topic. Dbeibeh’s insistence on legal compliance is viewed as an effort to assert the authority of the GNU and maintain order in the country’s fragile political landscape.
Observers believe that enforcing strict financial regulations could help restore public trust in government institutions and reduce the risk of misappropriation of funds. However, the success of these measures will depend on the cooperation of all stakeholders and the ability of the government to enforce compliance across all regions.
Conclusion: A Step Toward Financial Reform and Stability
Prime Minister Abdulhamid Dbeibeh’s rejection of public spending outside legal frameworks marks a significant step toward financial reform in Libya. By insisting on transparency, accountability, and adherence to the law, the GNU aims to strengthen institutional integrity and promote economic stability. As Libya continues to navigate its complex political environment, such measures are essential to building a more transparent and effective governance system.
