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Egyptian Foreign Ministry Reaffirms to the U.S. Embassy Its Support for a Libyan-Libyan Solution Leading to Elections

Written by Amira Cherni on . Posted in News. No Comments on Egyptian Foreign Ministry Reaffirms to the U.S. Embassy Its Support for a Libyan-Libyan Solution Leading to Elections

Egypt’s Foreign Minister, Badr Abdul Ati, reaffirmed on Friday, during his meeting with the U.S. Special Envoy to Libya, Richard Norland, Egypt’s support for a Libyan-Libyan solution and respect for the role of Libyan institutions, aiming to reach the point of holding elections.

The Egyptian Foreign Minister also emphasized the necessity of the withdrawal of all foreign forces, foreign fighters, and mercenaries from Libya.

In its Annual Report, US State Department: Libya Has Failed to Meet Minimum Financial Transparency Requirements

Written by Amira Cherni on . Posted in News. No Comments on In its Annual Report, US State Department: Libya Has Failed to Meet Minimum Financial Transparency Requirements

The US State Department’s 2024 annual financial transparency report revealed that Libya has failed to meet the minimum financial transparency requirements according to the standards applied in this global report issued by the “US Congress,” as has been the case in previous years.

The State Department stated that it continues to urge Libyan leaders to ensure public funds are spent transparently and accountably by reaching a compromise on the fair distribution of Libya’s oil revenues, developing a unified budget, and publicly disclosing information on how public revenues are used.

The US State Department emphasized that these priorities have become more urgent than ever due to the current crisis faced by the Central Bank of Libya.