Prime Minister of Libya, Osama Hamad, issued a statement regarding the statements made by the Governor of the Central Bank of Libya, Seddiq Al-Kabeer, confirming that the wrong practices of the Government of National Unity, which he described as “expired,” have led to the deterioration of living conditions for citizens and damage to the national economy.
Hamad stated: “We echo the voice of the Governor of the Central Bank of Libya demanding the cessation of the expired government from squandering public money and exaggerating in spending without any benefit to the Libyan state and its people, and seizing sovereign revenues and managing them away from the law. We urge all judicial, accounting, and oversight bodies to expedite the implementation of what is contained in the Governor’s letter under the umbrella of accountability and investigation against anyone who has committed crimes against the Libyan people, in addition to the necessity of revealing the identity of the entity responsible for spending from an unknown source.”
Hamad pointed out that the Central Bank of Libya’s disclaimer of responsibility for the economic situation in the country is unacceptable, as it is the entity responsible for implementing expenditure orders issued by the Ministry of Finance of the Government of National Unity, which is “expired.”
