Libyan Parties Urge Urgent Action as Dollar Nears 9 Dinars
The Libyan Parties Coalition warns of the rapid deterioration in the value of the Libyan dinar against foreign currencies, which has led to rising prices and increased living burdens for citizens, with the dollar approaching nine dinars. The coalition considers that the economic crisis has reached a dangerous stage and calls for a bold decision in managing the Central Bank, free from political interference and partisan agreements. It recommends appointing competent and independent leadership, proposing the names of Abdel Hamid Al-Shikhy and Mohamed Al-Shukri for this position. The coalition emphasizes that continued deterioration poses a threat to national security and stability and urges swift steps to reform monetary policy, regulate spending, and protect reserves. It highlights the importance of unified national leadership to restore trust in the dinar and financial institutions, as the severity of the crisis increases, endangering citizens' lives and the country's stability.
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