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Shakshak discusses debt settlement between the Libyan Investment Authority and the Social Economic Development Fund

The head of the State Audit Bureau, Khaled Shakshak, discussed during his meeting on Sunday with the Chairman of the Board of Directors of the Libyan Investment Authority, Ali Mahmoud, the director of the Social Economic Development Fund and the general manager of the long-term investment portfolio, the issue of debt settlement between the Investment Authority and the Development Fund.

The meeting also discussed options and opportunities for partnership in the areas of internal investment between the Foundation and the Fund, with the Bureau recommending the importance of this partnership in a way that leads to the completion of stalled real estate investment projects, provided that this is in accordance with a transparent vision that has economic and social feasibility and in a way that achieves the interest of the two institutions and preserves the rights of future generations.

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