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Dbeibeh Rejects Exchange Rate Tax Due to Negative Impact on Libyan Citizens

Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, affirmed his rejection of imposing a tax on the exchange rate due to its negative effects borne by the Libyan citizen, denying rumors about the deterioration of the country’s economic situation and its bankruptcy.

During his meeting with the President of the Supreme Council of State, Mohammed Takalla, and several members of the House of Representatives and the State Council, Dbeibeh refuted rumors about the deterioration of the country’s economic situation and its bankruptcy, explaining with numbers and statistics the value of public spending in the country over the past three years, including the development door through which several development projects have been implemented across the country.

Dbeibeh also revealed in his speech the revenues his government has achieved in hard currency, and what it has accomplished in extinguishing the public debt inherited from the previous governments, in addition to the government’s work to strengthen the country’s foreign currency needs, emphasizing his rejection of imposing a tax on the exchange rate due to its negative effects borne by the Libyan citizen.

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