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عين ليبيا
Source: عين ليبيا
1 Dayعين ليبيا
Source: عين ليبيا
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Dr. Fathi al-Shibli responds to remarks by businessman Husni Bey, arguing that political division does not absolve anyone of responsibility for the poor allocation of spending and weak oversight. The exchange rate, he says, is an economic tool that directly affects Libyans’ livelihoods—not merely an administrative figure. He notes that Libya’s public revenues in 2025 totaled about 136.9 billion dinars, compared with spending of 136.8 billion, while foreign-currency use reached $31.1 billion against roughly $22.1 billion in oil revenues transferred—a gap of nearly $9 billion. He calls for clarification of how documentary credits are managed and for investigations into any misuse, alongside efforts to rein in spending and unify the budget and institutions. He warns that distortions in the currency market may benefit vested interests at the expense of ordinary citizens.
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