24 Hrs
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أخبار ليبيا 24
Libya's public wage bill amid rising salaries
Public finances in Libya are facing increasing pressure due to rising government wage bills and heavy reliance on oil revenues, which threaten the sustainability of public debt and national economic stability. Continuous salary increases are deteriorating public finances, amid growing calls for higher wages, while the country remains heavily dependent on oil income to meet expenses. The expert raises a question about the Libyans' ability to cope with the escalating wage bill and the potential impact on economic stability and future fiscal policies.
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