Today, Monday, the economic expert Noureddine Hbarat told our source that, according to the latest Central Bank of Libya statement for the past five months, the salary bill is expected to be around 55 billion dinars by the end of this year, if it continues at a rate of 4.540 billion dinars per month.
Hbarat saw that if the unified salary scale for all sectors continues to be implemented, salaries will exceed 60 billion dinars, in addition to releasing the salaries of tens of thousands of citizens who have been employed for years and whose salaries have not been paid to them yet, not to mention the delayed and accumulated job settlements for hundreds of thousands of employees.
He added that there are tens of thousands of graduates who graduate annually from universities, higher and middle institutes, military and security colleges and high schools, indicating that all these graduates do not have any job opportunities to guarantee an income that provides them with the minimum of their basic needs except through their appointment in the state’s administrative apparatus and the affiliated public companies.
Hbarat pointed out that all previous governments failed to address the issue of worsening salaries and unemployment among young people, and that education outputs do not meet the needs of the labor market at all, not to mention the absence of training and development programs to raise capabilities, pointing out that the salary bill will rise more during the coming years for the aforementioned reasons. The male will devour more percentages of the general budget allocations at the expense of development and reconstruction.
The economist added: “It is true that the high salary bill represents a great burden on the financial resources of the state, but this problem is borne by the previous governments, after they were unable during the past years to create real job opportunities. The number of employees in the administrative apparatus has increased by more than 100% compared to its rates at the end of 2011, and these proportions are likely to further increase.”