Prime Minister Abdul Hamid Dbeibah handed over Friday the first batch of financing instruments established for the Youth Housing Initiative.

The PM attended a ceremony in the city of Khums, southeast of Tripoli, to mark International Youth Day, which falls on August 12 of each year.

In his speech, Dbeibah confirmed that the plots of land would be regarded as belonging exclusively to the person registered as the owner, reiterating that the beneficiaries of this initiative will be granted land title that confirms their ownership.

He also noted that the government-provided loans for youth and needy families will be interest-free.