6 Hrs
Source:
عين ليبيا
Source: عين ليبيا
6 Hrsعين ليبيا
Source: عين ليبيا
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Businessman Hosni Bey called for fuel and electricity subsidies to be replaced with direct cash payments to citizens, made before prices are raised and subject to an annual cap that takes available resources and public spending into account. He proposed then gradually shifting to support targeted at those most in need. He estimated the annual cost of energy and fuel subsidies at around 100–120 billion dinars, and said reducing them could generate annual economic savings of 30–50 billion dinars. The proposals and criticism also addressed the effects of decisions to suspend imports and impose shipping fines, rising prices, and calls for higher salaries. It was also reported that October salaries would be paid out under the previous mechanism, while bonuses for employees of the electricity company were being disbursed in succession.
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