Pull to refresh
Logo
Daily Brief
Following
Why Sign Up
NB

Naji Mohammed Issa Belqasem

Governor, Central Bank of Libya

Appears in 1 story

Stories

Libya signs first unified state budget in 13 years as US brokers fiscal reunification

Rule Changes

Overseeing unified budget implementation

Libya has not had a single national budget since 2013. For 13 years, two rival governments—one in Tripoli, one in the east—spent the country's oil wealth through separate, competing channels with no shared oversight. On April 11, 2026, representatives of both legislatures signed a US-mediated agreement on a unified 190 billion Libyan dinar (roughly $30 billion) budget covering all four categories of state spending: salaries, development, subsidies, and operations.

Updated 9 hours ago