Written by Presidential Council Member “Abdullah Al-Lafi”.
We welcome the achievement realized today with the signing of the unified public spending agreement, following a long marathon of serious negotiations. It is a qualitative step that enhances transparency, regulates spending paths, and reduces financial disorder—contributing to the stability of financial markets and prices, and restoring balance to the national economy.
This is an achievement credited to all Libyans and a clear demonstration that national will is capable of overcoming complexities when awareness and responsibility are present. We call on all institutions to make this agreement a model and a path toward unifying positions. Libya is one, its destiny is shared, and its people are capable of resolving their differences in the spirit of statehood rather than division.
We also emphasize that this step places increased responsibility on executive authorities to uphold the highest standards of transparency and governance of public finances, through clear procedures, regular disclosure, and strengthened tools of oversight and accountability—ensuring the proper allocation of resources and protecting them from waste or misuse. In this context, we also commend the role of international partners who contributed to facilitating this process and supporting the achievement of this agreement.
Unifying public spending is not merely a financial measure; it is the foundation for a new phase of reconstruction, development, and nation-building. It reinforces a stronger financial and legal position for the Libyan state, opening broader prospects for stability and growth, and restoring confidence in our national institutions.
