In statements to Tabadul Channel, the media adviser of the Libyan House of Representative (HoR), Fathi Al-Mraimi, said Thursday that the state’s draft budget bill that was transmitted to the Presidential Council (PC) is full of mistakes and includes lots of notes.
According to Fathi Al-Mraimi, these mistakes have been corrected by the concerned stakeholders, and
Minister of Foreign Affairs of the Libyan Government of National Unity (GNU), Najla Al-Mangoush will pay an official visit to Italy in the coming days, according to the Italian news agency NOVA.
During the visit, the next meeting of the Libyan-Italian Joint Technical Committee for Economic Cooperation will be discussed.
The new unified executive authority in Libya is awaiting the report prepared by the consulting firm, Deloitte International on the financial audit of the accounts of the Central Bank of Tripoli (CBL). According to observers, the report will accelerate the “overthrow” of the CBL Governor Al-Siddiq Al-Kabir.
The United Nations Support Mission in Libya (UNSMIL) said in a statement that the firm would issue recommendations on improving the integrity and unity of the country’s banking system, in addition to unifying the CBL, and enhancing accountability and transparency.
Informed sources told “Sky News Arabia” that the final report will be released this month. It stated that the work of Al-Kabir has been marred by many irregularities, including the payment of fixed salaries to militias, fraudulent letters of credit, and suspicious arms deals.
Libyan political researcher, Faraj Zaidan told Sky News Arabia that systemic corruption has spread throughout the CBL under the leadership of Al-Kabir. He claimed that Libya’s oil revenues were used to pay the salaries of Syrian mercenaries, and Turkish drones that were used in the war against the Libyan National Army (LNA).
The associated Press (AP), an American news agency, reported that 2 women and 3 children drowned when a boat carrying dozens of Europe-bound migrants capsized off Libya, a U.N. official said Wednesday.
Safa Msehli, spokesman for the International Organization for Migration, said the incident took place late Tuesday. A fishing boat and Libya’s coast guard managed to rescue some 77 migrants and returned them to shore, she said.
According to AP agency, a total of 400 migrants were intercepted and returned to Libya late Tuesday and taken to detention centers in the North African country, Msehli said. At least 480 migrants were intercepted and returned to Libya over the weekend, according to the IOM.
Women in business across the region are set to increase their participation in the industry after the Common Market for Eastern and Southern Africa (COMESA) launched a platform that seeks to promote their interests.
Known as 50 Million African Women Speak (50MAWSP), the platform is an information and networking hub for women which provides a one-stop shop for them to start, grow and scale up their businesses and to access financial and non-financial services.
The project is jointly implemented by COMESA, the East African Community (EAC) and the Economic Community of West African States (ECOWAS).
“It is funded by the African Development Bank (AfDB) and enables women in 38 countries in the three regional blocs to find information on how to run businesses, where to access financial services, how to create business opportunities online, where to access training resources, among others,” said COMESA in a statement.
To drive enrollment, the bloc has launched a distinctive campaign dubbed “30 days of women in business” which is set to run on radio and social media channels over the next one month.
Libya’s National Oil Corporation (NOC) said on Sunday that a Paris court of appeal had upheld an award by a court of arbitration against Libyan Emirates Oil Refining Company (LERCO) regarding the Ras Lanuf refinery in Libya.
NOC said on its Facebook page that the appeals court had confirmed that LERCO must pay NOC over $115 million plus interest. It said this came to $132 million, as of Feb. 28.
“NOC will take all necessary steps to enforce its rights under the award and the court’s decision,” it added.