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Dbeibeh and Al-Kabeer participate in the celebration of approving the financial statements of the Libyan Investment Authority for 2019, which have not been approved for 15 years

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The Prime Minister and Chairman of the Board of Trustees of the Libyan Investment Authority, Abdul Hamid Dbeibeh, participates today, Tuesday, with the Governor of the Central Bank of Libya and a member of the Board of Trustees, Seddiq Al-Kabeer, in the celebration of the Libyan Investment Authority to approve the financial statements of the Investment Authority for the year 2019, regarding the approval of the statements of the financial statements of International EY Company for Authentication and Auditing, which is considered one of the five largest companies in the world in this field.

In his speech, Dbeibeh stressed the need to move forward with the plan prepared for the Libyan Investment Authority, which completed its first phase by listing and evaluating the assets of the institution and its partners, according to the current market value.

Dbeibeh added during his speech that today we are witnessing the continuation of work in the second phase, which is the approval of the financial statements through specialized international companies and the announcement of all data to the Libyan people, as it is the sovereign fund for the Libyans.

The Libyan Investment Corporation, in turn, presented a presentation explaining its plan for organizing work and achieving the goals set by the government. EY company also presented a visual presentation showing the stages of work prepared by it.

The ceremony was attended by members of the Board of Trustees and the Board of Directors of the Libyan Investment Authority and members of the boards of directors of the subsidiaries of the Investment Authority.

It is noteworthy that the data of the financial statements of the Libyan Investment Authority have not been approved or approved for 15 years.

Al-Toumi and Al-Mabrouk discuss a date for the start of the implementation of maintenance projects for the electricity lines and stations of the municipality of Murzuq

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The Higher Committee for the Return of Life, headed by the Minister of Local Government Badr Al-Din Al-Toumi and the membership of the Minister of Finance, Khaled Al-Mabrouk, of the National Unity Government, discussed with the Dean of the Municipality of Murzuq, the Council of Elders and notables, and the General Assembly of the City’s residents, the projects implemented by the government in the region, and setting a date for the launch of the implementation of projects Maintenance of power lines and stations for Murzuq.

Al-Toumi stressed the importance of uniting efforts in all files at the governmental, local and international levels, and the need to work on infrastructure projects, economic recovery, and the water and environment file to accelerate the return of normal work, including health, education, banking services, and others.

For his part, Al-Mabrouk indicated that the government will provide all necessary facilities for reconstruction in Murzuq and address the functional and financial conditions of the employees.

Al-Huwaij directs to prepare a decision to determine the price of the loaf of bread and to follow up on its implementation once it is approved

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The Minister of Economy and Trade in the Government of National Unity, Mohamed Al-Huwaij, directed the competent departments of the ministry to prepare a decision to determine the price of the loaf of bread and follow up on its implementation once it is approved by the competent authorities.

This came during the minister’s meeting yesterday, Monday, with the Acting Director General of the Libyan Grain Bureau, Hussein Al-Amami, the Director of the Inspection and Consumer Protection Department, Marai Al-Darsi, and the head of the Bakers Syndicate, Mohamed Abu Khreis.

Al-Huwaij stressed the need to follow up on the implementation of the decision immediately after its approval, in coordination with the Municipal Guard and all the regulatory authorities, and to oblige bakeries in all regions to apply the controls and conditions for making a loaf of bread in accordance with the decision.

The economist Hbarat: “If the unified salary scale continues to be implemented, the salaries will exceed 60 billion dinars annually”

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Today, Monday, the economic expert Noureddine Hbarat told our source that, according to the latest Central Bank of Libya statement for the past five months, the salary bill is expected to be around 55 billion dinars by the end of this year, if it continues at a rate of 4.540 billion dinars per month.

Hbarat saw that if the unified salary scale for all sectors continues to be implemented, salaries will exceed 60 billion dinars, in addition to releasing the salaries of tens of thousands of citizens who have been employed for years and whose salaries have not been paid to them yet, not to mention the delayed and accumulated job settlements for hundreds of thousands of employees.

He added that there are tens of thousands of graduates who graduate annually from universities, higher and middle institutes, military and security colleges and high schools, indicating that all these graduates do not have any job opportunities to guarantee an income that provides them with the minimum of their basic needs except through their appointment in the state’s administrative apparatus and the affiliated public companies.

Hbarat pointed out that all previous governments failed to address the issue of worsening salaries and unemployment among young people, and that education outputs do not meet the needs of the labor market at all, not to mention the absence of training and development programs to raise capabilities, pointing out that the salary bill will rise more during the coming years for the aforementioned reasons. The male will devour more percentages of the general budget allocations at the expense of development and reconstruction.

The economist added: “It is true that the high salary bill represents a great burden on the financial resources of the state, but this problem is borne by the previous governments, after they were unable during the past years to create real job opportunities. The number of employees in the administrative apparatus has increased by more than 100% compared to its rates at the end of 2011, and these proportions are likely to further increase.”

The Council of Ministers of the National Unity Government issues a decision to reorganize the General Authority for Investment and Privatization Affairs

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The Prime Minister of the Government of National Unity issued Resolution No. 349 of 2023 regarding the reorganization of the General Authority for Investment and Privatization Affairs.

The first article of the decision stipulates that the General Authority for Investment and Privatization Affairs be reorganized so that it is managed by a president and seven members, including the chairman of the State Property Authority. Whereas, Article 2 of Presidential Council Resolution No. 61 of 2019 to reorganize the authority, as amended by Resolution No. 131 of 2021, was rescinded.

Article 3 of the decision called on the competent authorities to implement it from the date of its issuance and to cancel every provision that contradicts it.

It is also mentioned that Article 5 of the Presidential Council’s decision for the year 2019 provided for the formation of a board of directors headed by the Minister of Economy and the membership of each of the Undersecretary of the Ministry of Finance, the Undersecretary of the Ministry of Planning, the Undersecretary of the Ministry of Labor and Rehabilitation, and the Undersecretary of the Ministry of Housing and Utilities, while the amendment of this article in the decision issued in 2021 stipulated the appointment of a president and six Members with experience and competence for whom a decision is issued by the Council of Ministers

It is noteworthy that the recent Cabinet decision did not clarify whether the board of directors will be chaired by the Minister of Economy, or a person with experience and competence will be appointed. The same applies to the six members, in addition to the chairman of the Board of Directors of the State Property Authority.

Dbeibeh inaugurates the national system to localize domestic treatment and to rationalize expenses, Our Health app and the electronic signature system

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Today, Monday, during the activities of the International Conference on Localization of Treatment, which is organized by the Apparatus for Support and Development of Clinical Services, Abdul Hamid Dbeibeh, head of the Government of National Unity, inaugurated the national system for treatment, rationalization of expenditures, Our Health app, and the electronic signature system, which was introduced for the first time in the Libyan health sector.

In his opening speech at the conference, Dbeibeh stressed that the government worked in several tracks to develop the health sector, starting with restructuring it, noting that healthcare is one of the most important files that the government sought to develop despite the poor condition it was in, in order to localize treatment in decent hospitals and clinics and qualified medical personnel.

Dbeibeh revealed the national strategy for early detection of cancer after the formation of a cancer control authority, confirming the launch of the first experimental phase for early detection of breast cancer, for the most vulnerable segments, in 6 different locations.

On the sidelines of the conference, the president opened a medical exhibition, in the presence of the head of the Agency for Support and Development of Treatment Services, the Grand Mufti of Libya, the head of the Audit Bureau, the head of the Administrative Control Authority, a number of ministers and government agents, in addition to a number of ambassadors, and a group of doctors and specialists from various fields, and delegates from 40 local and international companies.

According to the media office of our government platform affiliated with the National Unity Government, the treatment settlement conference is sponsored by the government and the LPTIC.

NOC and Eni hand over the maintenance and construction of a wastewater treatment plant project to Nalut General Hospital

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Today, Sunday, the National Oil Corporation and Eni North Africa handed over a project for the maintenance and construction of a wastewater treatment plant to Nalut General Hospital.

The project aims to treat the waste water of Nalut Hospital and preserve the surrounding environment through the maintenance of the old plant and the installation of a new plant with a capacity of 250 cubic meters per day, and the use of treated water for irrigation.

According to the media office of the National Oil Company, the project handover ceremony was attended by the Director of the Sustainable Development Department of the Corporation, Hamid bin Saleh, the official for sustainable development and the environment at Eni North Africa, and the mayor of Nalut, Abdul Wahhab Al-Hijam, and a number of specialists in the Corporation, the company, and officials in the municipality of Nalut.

Al-Meshri discusses the results of the 6 + 6 committees concerned with drafting laws regulating the electoral process

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Today, Sunday, the head of the High Council of State, Khaled Al-Meshri, discussed, during a meeting with the head of the Council’s Electoral Laws Preparation Committee, Mr. Omar Abulifa, the results of the 6 + 6 committees concerned with drafting laws regulating the electoral process.

The meeting was attended by the UN Deputy Envoy to Libya “Residen Zeninga”, the European Union Ambassador, José Sabadell, the British Ambassador, Caroline Hurndall, the French Ambassador, Mustafa Maharaj, the Turkish Ambassador, Kanaan Yilmaz, the Egyptian Ambassador, Mustafa Tamer, the Chargé d’Affaires of the Italian Embassy, Michael Rossi, the US President’s envoy, Richard Norland, the German ambassador, Michael Unmacht, and the Chargé d’Affaires of the US Embassy, Lizzie Oldman, joined the meeting via zoom.

The attendees stressed the need to complete this path by preparing a clear road map for holding elections, and agreed to praise the work of the two committees and their efforts that led to the issuance of electoral laws.

The Public Prosecutor issues instructions to imprison a number of employees of the General Electricity Company accused of stealing components of the electrical network

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Today, Sunday, the Public Prosecutor’s Office announced the imprisonment of people, including 10 employees of the General Electricity Company, for their participation in the theft of electrical network components.

The Public Prosecutor’s Office added that the defendants’ imprisonment came after an investigation into the theft of the network’s components, which led to the designation of shops in the Al-Falah area of the capital, which were used to smuggle the stolen items.

The prosecution indicated that the Chairman of the Board of Directors of the General Electricity Company had confirmed the company’s ownership of the stolen materials, pointing out that the accused work in different departments within the company.

Al-Abed: “We have launched a wide-ranging inspection campaign to regulate duality in employment between the public and private sectors”

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The Minister of Labor and Rehabilitation in the Government of National Unity, Ali Al-Abed, said that the ministry launched a wide inspection campaign under the slogan “the Enforcement of the Law and the Return of Life to the Labor Market” to control duplication of work between the public and private sectors.

Al-Abed explained in a statement to Hakomitna platform that the Ministry of Labor has a modern and developed system that has been entrusted with the duplication file, indicating that many violations have been monitored in this regard and dealt with.

The minister emphasized that the term unemployment in Libya is inaccurate and most of the numbers are incorrect, as the current unemployment rate is measured by those who do not work in the public sector in the state. “This is a wrong concept,” adding that most of those considered “unemployed” work in the private sector.

He added that the aim of applying the law of non-duplication is to ensure that the private sector is not emptied of national labor and to increase the state’s cadre with more employees, indicating that the campaign will include everyone without exception, and the sorting and tabulation of data is in full swing through the Labor and Occupational Inspection Department in cooperation with Government institutions and the Ministry’s information and documentation center.

Al-Abed indicated that the ministry is working on preparing a strategy to address job sluggishness in the public sector through reforming organizational structures, amending the labor law, revitalizing the private sector, organizing and governing it electronically through the digital transformation program.