Member of the joint technical committee tasked with unifying the exchange rate, Musbah Al-Akari, said during a televised interview for WTV channel and Tabadul Platform:

• “Unifying the exchange rate is the most momentous decision had been taken.”

• “This procedure had been taken in order to alleviate the suffering of the people and eradicate spoilers in Libya.”

• “During 2021, we shall see speculators totally collapsing… Liquidity crisis will be over.”

• “In 2021, the percentage reduction in commodities will be about 35 to 45 percent.”

• “The decision was aimed at  fighting against corruption caused by the multiple exchange rates system.”

• “What the Libyans went through in recent years was shameful and outrageous.”

• “Standing in queues will not not recur in 2021, and thus we relieve people’s burden.”

• “The current exchange rate may decline in the near future.”

• “One of the economic distortions in Libya is the allocating about 15 billion for Subsidies.”

• “If the foreign exchange is equally available, there will be no recourse to the parallel market.”

• “The fiscal policy will play a role, alongside government oversight, in the fixing the exchange rate.”

• “The exchange rate with the USD of $1 to 1.40 Dinar is delusional, the Libyan economy cannot afford it.”