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عين ليبيا
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عين ليبيا

2026-11-10T15:09:59.000Z

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عين ليبيا

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Tetteh: Billions diverted

Tetteh: Billions diverted

The United Nations Support Mission in Libya (UNSMIL) held an expanded meeting of the Economic Working Group in Tripoli, bringing together Libyan institutions and international partners to discuss economic challenges and coordinate support for reforms. UN Special Representative Hanna Tetteh warned of rising public spending, the declining value of the dinar and loss of purchasing power, as well as weak governance, political interference and illicit activities such as fuel smuggling and money laundering, which divert billions of dollars away from the interests of the Libyan people. Participants called for faster reforms in the oil and banking sectors and for stronger transparency, oversight, accountability and coordination among institutions to support financial stability and protect public resources.

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