The Cabinet Secretary and the Chairman of the Finance Committee meet in Benghazi to chart a joint roadmap with the Central Bank aimed at boosting macroeconomic stability and easing social burdens
Soldecanarias.net / Adeje
In a decisive step toward consolidating a national economic strategy, Libya’s Chief Cabinet Secretary, Dr. Osama Hamad, held a key meeting on Thursday with Dr. Omar Tantoush, Chairman of the House of Representatives’ Committee on Planning, Finance, and the General Budget. The meeting, held in Benghazi, focused on reviewing the agreements reached during recent discussions with the Governor of the Central Bank of Libya, Mr. Naji Issa, and his executive team.
The talks centered on establishing a unified national vision for economic and financial reforms—an essential component for the approval and implementation of the Unified General State Budget for 2025. Both parties stressed the urgency of activating effective mechanisms to accelerate budget execution while addressing the structural challenges facing Libya’s economic transformation.
“Financial stability is not just an institutional priority; it is a social necessity. These reforms are ultimately aimed at improving the quality of life for ordinary citizens,” said Dr. Hamad following the meeting.
Amid a region marked by tension and reconstruction, Libya aims to become a model for post-conflict economic recovery, through responsible and transparent financial governance that can attract investment and alleviate economic pressure on its population.
