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The Ministry of Finance: “Financial coverage is available”

An official source in the GNA’s Ministry of Finance confirmed to “Sada” Economic Newspaper that the statement of the Central Bank of Libya concerning the return of money transfer to the Ministry of Finance as 2020 budget was not approved is totally incorrect.

He also added that the adoption of the budget has no relation with the assignment of January salaries because, generally, State Sector always disburates salaries in two or three months until the approval of the general budget.

“Financial coverage is available in public treasury accounts, and the Central Bank can cover January’s salaries”, he stressed.

The GNA’s Ministry of Finance announced that the Central Bank of Libya retrieved the money transfer of January salaries without offering any truly convincing reasons.

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