The President of the Presidential Council (PC), Fayez Al-Sarraj, called on the Governor of the Central Bank of Libya (CBL), Sadiq Al-Kabir, to restart the sale of individual allowances to citizens at the approved rate to the value of $5,000 per person annually.
Not only did Al-Sarraj outline the need for action in this situation, but he warned that taking no precautionary steps, may well result in serious repercussions on the national economy and livelihood of Libyan citizens.
There is a great need, according to popular demand, to stabilize the Libyan dinar against foreign currencies and exchange rates in the parallel market, which, if not dealt with threatens to destabilize economic reforms, as he put it.
Economy
