Dollar tax.. The Supreme Council of State refuses to hold the citizen accountable for the consequences of “parallel spending from unknown sources”

by times news cr

2024-03-27 17:50:48

The Supreme Council of State announced its rejection of imposing a 27% fee on the selling price of foreign currency, calling on the Speaker of the House of Representatives and the Governor of the Central Bank of Libya to cancel it and address the basis of the problem with sound professional and scientific standards.

In a statement issued on Friday evening, the Council described these measures as violating the law and the requirements of the highest interests of the state, indicating that there was no justification for them.

The Council expressed its surprise at this step, and at this time, suggesting that it is fueling the political conflict, and exploiting and fueling the differences of the political parties.

The statement denounced Aguila Saleh’s neglect of the Supreme Council of State, the first political partner of the House of Representatives, and its transgression in such circumstances, stressing not to accept this matter or remain silent about it.

The statement refused to hold the citizen accountable for the consequences of the deficit and imbalance, which the Central Bank Governor described as “parallel spending of unknown origin.”

The Supreme Council of State pointed out that there are indications that there is a breach in the national currency protection system, which led to the printing of large quantities of counterfeit currency, likely causing an increase in the price of the dollar after it was forcibly deposited in some banks and transferred to the market to devour quantities of foreign currency.

The Supreme Council of State stressed that addressing such issues should not be done through urgent procedures, but rather requires a study by experts and specialists who unanimously agreed that it is futile.

The statement denounced requiring citizens to sign pledges “such as contracts of compliance” stipulating not to demand a refund of the value of fees on the sale of currency, considering that this measure constitutes unlawful and unprecedented coercion, and a confiscation of the right to litigation.

The Speaker of the House of Representatives had issued a decision earlier to impose a tax on the selling price of foreign exchange, after a request from the Governor of the Central Bank.

Source: Supreme Council of State.


2024-03-27 17:50:48

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