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Libyan Economist Says PC’s Decisions Are Arbitrary

In a statement to Tabadul, the Libyan economist Abu Bakker Abu Al Kacem considered the latest decisions issued by the Libyan Presidential Council (PC) including the allocation of an emergency budget for a number of municipalities as arbitrary decisions, adding that the PC did not coordinate with the Ministry of Finance and did not refer to the Central Bank of Libya.

“It is not only a confused decison, but also a passive one… It is a fire-fighting policy.” He said.

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