Exclusive.. Member of the House of Representatives: Al-Dabaiba did not respond to the Representatives Committee.. These are the reasons for his continued dispute with Al-Kabir.. and the exchange rate situation

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Member of the House of Representatives, Ibrahim Al-Darsi, stated exclusively to the Sada Al-Eqtisadiah newspaper regarding the date of approving the budget for the two governments: The House of Representatives has not seen the budget yet, and there is nothing regarding this issue.

Al-Darisi added that Al-Dabaiba did not respond to the financial committee proposed by the House of Representatives and approved by the Governor of the Central Bank of Libya.

As for the amendment to raise the exchange rate, he said: Members of the House of Representatives are saddened by the deterioration of the value of the Libyan dinar, and there are many meetings to try to remedy this major fall of the Libyan dinar and the resulting suffering of the Libyan citizen in his livelihood.

He confirmed that the reason is known, which is the disagreement between Al-Dabaiba and Al-Kabir, and that Al-Kabir stipulated that Al-Dabaiba stipulate that the money be spent according to an approved budget, and everyone knows that Al-Dabaiba spends financial contributions that are not classified and do not go to the Libyan people, while knowing where the general budget is spent, and this matter affected the value of the dollar and the dinar. In the market.

He added by saying: In addition to being an independent financial authority and the principle of separation of powers, it is also determined by the executive and financial authority, and I do not believe that the House of Representatives has the ability or is authorized by law to adjust the exchange value of the Libyan dinar against the dollar.

In conclusion, he said: These matters are determined by the income from oil revenues, and we know that it is exported in large and high quantities, with the price of Brent continuously rising every day.

You can also read the news in the source from the Sada Economic newspaper


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2024-04-27 13:40:15

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