{"id":58334,"date":"2026-04-11T12:14:48","date_gmt":"2026-04-11T11:14:48","guid":{"rendered":"https:\/\/dzwatch.dz\/?p=58334"},"modified":"2026-04-11T12:14:49","modified_gmt":"2026-04-11T11:14:49","slug":"a-major-step-toward-unifying-libyas-fiscal-policy","status":"publish","type":"post","link":"https:\/\/dzwatch.dz\/?p=58334","title":{"rendered":"A Major Step Toward Unifying Libya&#8217;s Fiscal Policy"},"content":{"rendered":"\n<p><strong>TRIPOLI<\/strong> \u2013 The Central Bank of Libya (CBL) announced on Saturday that the House of Representatives and the High Council of State have approved the country&#8217;s first unified budget in over 13 years.<\/p>\n\n\n\n<p>In an official statement, the Central Bank emphasized that this legislative consensus is a pivotal move toward ending years of financial fragmentation and will significantly bolster national financial stability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Highlights of the Agreement:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Unified Spending:<\/strong> The CBL welcomed the signing of <strong>Annex No. (1) of the Unified Development Agreement<\/strong>, which includes the adoption of general spending schedules for the Libyan state.<\/li>\n\n\n\n<li><strong>Fiscal Discipline:<\/strong> The agreement marks real progress toward unifying fiscal policy and enhancing discipline in the management of public funds.<\/li>\n\n\n\n<li><strong>Sustainability:<\/strong> The new financial framework is based on the state\u2019s actual financial capacity, aiming to achieve long-term fiscal sustainability.<\/li>\n\n\n\n<li><strong>Balanced Development:<\/strong> The budget is designed to establish the foundations for balanced development across all regions of Libya.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This agreement represents a historic turning point, as it is the first consensus on unified spending across the entire Libyan territory in more than 13 years.&#8221; \u2014 <strong>Central Bank of Libya Statement<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p>This breakthrough is expected to streamline economic governance and provide a clearer roadmap for the country&#8217;s recovery after more than a decade of divided financial administrations.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRIPOLI \u2013 The Central Bank of Libya (CBL) announced on Saturday that the House of Representatives and the High Council of State have approved the country&#8217;s first unified budget in over 13 years. In an official statement, the Central Bank emphasized that this legislative consensus is a pivotal move toward ending years of financial fragmentation &hellip;<\/p>\n","protected":false},"author":1,"featured_media":58335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"cybocfi_hide_featured_image":"","iawp_total_views":2,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-58334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economie-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/58334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58334"}],"version-history":[{"count":1,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/58334\/revisions"}],"predecessor-version":[{"id":58336,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/58334\/revisions\/58336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/media\/58335"}],"wp:attachment":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}