Tabadul TV

Libya: 2021 budget less than LYD 10 billion

A member of the House of Representatives revealed in a statement to Sada Economic Newspaper that the 2021 budget is slightly less than LYD 100 billion and is in the range of LYD 90 billion.

The source said that salary budgets amount to LYD 30 billion, including a 20% raise in public sector wages.

He pointed out that the draft budget presented by the Libyan Government of National Unity (GNU) sets LYD 6 billion for wife and children’s allowance, adding that the government seeks to increase it to LYD 10 billion so that the citizen can receive it every two months instead of one month.

It will be reminded that the Prime Minister of the Libyan Government of National Unity (GNU) Abd Alhamid Aldabaiba, presented on Wednesday a copy of the draft 2021 general budget law to the High State Council for approval.

At the same time, Libya’s parliament, the House of Representatives, announced that its Finance Committee had received the draft 2021 budget and was studying it.

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