A confidential source disclosed to Tabadul TV on Tuesday that the Central Bank of Libya insists on limiting disbursements to a sole approved budget, emphasizing fiscal prudence in consumer spending. This approach takes into consideration the pitfalls of broadening public expenditure and avoiding persistent duplications in financial outlays.
This decision underscores the Central Bank’s commitment to sustaining the financial well-being of the nation and preserving the strength of the Libyan Dinar.