The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, discussed with a number of European ambassadors to Libya the issue of approving a unified budget and developments in unifying the Central Bank.
This discussion came during a video meeting on Wednesday with the ambassadors of the European countries to Libya: Sweden, Austria, Belgium, Germany, Denmark, Spain, France, Greece, Ireland, Italy, Malta, the Netherlands, Hungary, according to a statement published by the Central Bank on Facebook.
The statement added that the meeting came within the framework of periodic meetings to discuss the latest developments in the economic and financial situation and ways to support Libyan institutions in maintaining financial sustainability as well as financial and monetary stability.
The meeting tackled the role of European Union countries in supporting reconstruction and economic development projects in all fields, and building the human and institutional capabilities of the Central Bank of Libya as well as the rest of state institutions.
On Wednesday, the House of Representatives approved the largest budget in the history of Libya, worth 179 billion dinars, after additional budget of approximately 89 billion dinars was added to it, in light of an expected deficit that could reach 33 billion dollars, according to economic experts.