Budgetary Parliament session suspended due to heated exchanged between members

Libya's Parliament suspends its session to discuss the proposal for the national budget after members exchanged heated arguments and insults

Members of the Government have stated that the budget’s size of over 90 billion dinars has been affected by the devaluation of the Libyan dinar against the US dollar late last year and that the proposed budget is aimed at improving the lives of all Libyans.  [Photo: GNU]
Due to heated arguments and insults amongst members, Libya’s House of Representatives (HoR) suspended its session to review and perhaps accept the updated national budget proposed by the Government of National Unity (GNU).

The Parliament’s Spokesperson announced on the House of Representatives official social media pages that the session will resume tomorrow, Tuesday.

The Government of National Unity continues to seek parliament’s approval to confirm the amended national budget without further adjustments or reeducations to the figures, with government officials claiming that the size of the budget was affected by the devaluation of the Libyan dinar against the dollar late last year following the unification of the exchange rate of 4.48 Libyan dinars to 1 US Dollar.

The Parliament has now rejected the administration’s budget plan twice, with members primarily concerned that it is far too huge for a transitional government and not precise enough for a figure of this size.

Members of the government have publicly stated that delays in approving the budget are impeding the GNU’s work and that parliament members should expedite the approval process as soon as possible so that the government can move forward with preparations for national elections and stabilizing the country after a decade of chaos.

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