9 Hrs
Source:
عين ليبيا
Source: عين ليبيا
9 Hrsعين ليبيا
Source: عين ليبيا
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Prime minister-designate and head of the Competition and Anti-Monopoly Council Salama al-Ghweel said Libya’s economic crisis stems mainly from the mismanagement of resources, institutional division, multiple spending centers, and weak oversight—not from a shortage of oil revenues. He called for unifying institutions and the budget, publishing financial data, controlling spending, reviewing exchange, subsidy, and fuel systems, boosting production, and diversifying income sources. He stressed that the Competition Council’s role is to combat monopolies and collusion and protect consumers—not to set prices or manage currency and liquidity—and underscored the need to link reform with accountability and the rule of law.
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