The Central Bank of Libya disclosed that Governor Naji Issa met Transport Minister and Prime Ministerial financial adviser Mohammed Salem Al-Shahoubi to discuss economic and financial issues, with the talks centering on public expenditure under the Unified Financial Agreement. The stated focus was on ensuring more effective use of state financial resources. The meeting also covered mechanisms to resume stalled development projects and improve coordination among the relevant authorities to address implementation bottlenecks within approved budget allocations. Participants stressed the need to speed up project execution to support economic development and improve citizens' quality of life.
Central Bank of Libya2026-07-08
Central Bank of Libya discusses public expenditure and restart of stalled development projects under Unified Financial Agreement
The Central Bank of Libya said Governor Naji Issa discussed public expenditure under the Unified Financial Agreement with Transport Minister and Prime Ministerial financial adviser Mohammed Salem Al-Shahoubi. The talks also covered restarting stalled development projects and improving inter-agency coordination to remove implementation bottlenecks within approved budget allocations.