Norland: “The mechanism being discussed for managing oil revenues focuses on spending priorities for salaries, support and necessary imports of food and medicine”
The US Ambassador to Libya, Richard Norland, revealed that the mechanism being discussed between the Economic Working Group and the Libyan parties to manage oil revenues, focuses on spending priorities for salaries and support and some investment projects in the infrastructure of the National Oil Corporation, in addition to the necessary imports of food and medicine.
Norland said, in statements in an exclusive interview with the journalist, Ahmed Sanussi, that was broadcast on Al-Wasat channel and the Tabadul platform on Thursday evening, that the Economic Working Group met in Tunisia on the first days of last April, and there were representatives of the national unity government, the eastern region, the Central Bank of Libya and the National Oil Corporation, to discuss the mechanism for managing oil revenues, stressing that the goal is for this mechanism to be Libyan-led.
He added that the Economic Working Group seeks, through the mechanism, to find a kind of consensus between the Libyan parties on spending priorities, which include spending in the salaries section, the support section and some investment projects in the infrastructure of the National Oil Corporation, in addition to the necessary imports of food and medicine, stressing the need to focus Transparency and for all parties to realize that when any money is transferred, it is verified where the spending is and where the money will go.
The US ambassador to Libya indicated that the international community can technically help support the principle of transparency by creating a mechanism for supervision and control, because accountability for restoring confidence to the Libyan people regarding spending and where the money goes is very important, according to him.