54 Days
Source:
عين ليبيا
What is Not Said About the Dinar Crisis: "Ain Libya" Network Uncovers the Truth Behind Secrecy and Distortions
The article focuses on the economic challenges facing Libya, despite possessing vast oil reserves and substantial foreign currency reserves. Experts emphasize that the core problem is not a lack of resources, but poor management of economic institutions, flawed financial policies, distortions in the exchange market, and inefficient public spending. These issues hinder sustainable development and prevent the conversion of oil revenues into developmental services for citizens. The article also highlights the urgent need for major structural reforms, including improving the management of the oil sector, reforming subsidy systems, unifying the exchange market, and enhancing the management of electricity and local administrations. Such reforms are essential to enable Libya to fully benefit from its resources and improve the living standards of its citizens.
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