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عين ليبيا
Source: عين ليبيا
5 Hrsعين ليبيا
Source: عين ليبيا
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Libyan businessman Husni Bey believes the dinar crisis is not caused by legitimate demand for dollars or letters of credit, but by imbalances between spending and resources and the expansion of dinar creation, in an economy that relies on oil and gas for about 93% of its public revenues. He notes that in 2025, state revenues and spending reached approximately 136.9 billion and 136.8 billion dinars, respectively, while foreign-currency outflows totaled $31.1 billion, compared with roughly $22.1 billion in oil revenues transferred—a gap of nearly $9 billion. He calls for tighter spending controls, an end to uncovered monetary financing, a unified foreign-exchange market and transparent access to dollars, alongside higher production and revenues and the protection of reserves.
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