Al-Dabaiba refuses to impose a tax on the sale of foreign exchange

by times news cr

2024-03-29 17:32:01

The head of the National Unity Government, Abdul Hamid Al-Dabaiba, announced yesterday, Sunday, his refusal to impose a tax on the foreign exchange rate, because of its negative effects, the consequences of which are borne by the Libyan citizen.

This came during an informal meeting, at the breakfast table, in the presence of the President of the Supreme Council of State, Mohamed Tekala, a number of members of the House of Representatives, members of the Supreme Council of State, members of the Constituent Assembly for Drafting the Constitution, and heads of political parties, in addition to a number of political figures.

Al-Dabaiba denounced what he described as “rumors that talk about the deterioration of the state’s economic situation and its bankruptcy,” calling for not believing them and demonstrating their distance from reality.

According to the National Unity Government, Dabaiba explained “in numbers and statistics the value of the state’s public spending during the last three years, including the development section, through which a number of development projects were implemented in various parts of the country for the first time since the revolution.”

The Prime Minister indicated that they achieved revenues in hard currency during these years, which enabled them to extinguish the public debt received from the previous two governments.

The meeting, which was held in the Victory Forest hall complex, witnessed a number of speeches and interventions by the attendees, who stressed – according to the National Unity Government – the necessity of ending the transitional stages and going to fair and transparent elections held in accordance with fair laws.

The attendees also suggested putting the draft constitution to a popular referendum as an appropriate and satisfactory solution for all to serve as a basis for the upcoming parliamentary and presidential elections.

Earlier, the Speaker of the House of Representatives decided to impose a tax on the foreign currency exchange rate after a request from the Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir.

Al-Siddiq Al-Kabir explained that this step comes to save the Libyan dinar from an expected collapse and to maintain the stability of the exchange rate of hard currencies in the parallel market, indicating that one of the reasons for the exchange rate disturbance is excessive spending.

Source: National Unity Government.


2024-03-29 17:32:01

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