First Deputy Speaker of the House, Fawzi Al-Nuwiri, announced in a statement on Thursday his rejection of the decision made by Parliament Speaker, Aguila Saleh, regarding the imposition of a 27% tax on the exchange rate. He indicated that he and his fellow council members were surprised by the issuance of this decision, which has serious implications and disastrous consequences for the livelihoods of Libyans, according to the statement.
Al-Nuwiri added in his statement that this decision was made under pressure, interventions, and dictates of foreign countries through their embassies, and submission to these dictates represents a concession of national sovereignty. He emphasized that Aguila Saleh’s decision is clearly void and must be withdrawn or revoked, either by the issuer or by the House of Representatives collectively.
The First Deputy in Parliament, Fawzi Al-Nuwiri, criticized the Governor of the Central Bank, Seddiq Al-Kabeer, saying: “The governor’s hand must be restrained from acting unilaterally in monetary policy and imposing the use of foreign currency reserves exceeding 80 billion dollars, excluding gold, to strengthen the Libyan dinar, rather than placing reserves in unknown and unsafe hideouts, which is considered a crime that must be stopped and its perpetrators held accountable.”
Al-Nuwiri concluded his statement by calling for an emergency session of the House of Representatives to discuss this decision and take necessary actions regarding it, urging the Libyan judiciary to take urgent action to protect Libya, its people, and its economy from these destructive decisions and arbitrary actions.