Governor Seddek ElKaber and U.S. Special Envoy Richard Norland have stressed the importance of a unified East-West budget to enhance fiscal transparency and accountability.
In a meeting on Thursday, the two officials underscored the urgent need for a consensus-based agreement on a unified budget between Libya’s eastern and western regions.
The discussion, revealed by Norland in a post from the U.S. Embassy’s account on X, highlighted the necessity of reducing spending and ensuring fiscal transparency and accountability across the country.
Norland emphasized that Libya has been operating without this fundamental economic tool for too long, and a unified budget would allow for more coherent monetary and fiscal policies.
The meeting comes in the wake of the House of Representatives (HoR) approval of Libya’s largest budget in history, a 2024 fiscal plan totalling 179 billion Libyan dinars.
