In an exclusive statement to the Minister of Economy and Trade, Mohamed Al-Huwaij, said to our source: “What we mentioned in a previous statement regarding indicators indicating that 40% of the Libyan people are below the poverty line according to international standards. These indicators have been pointed out by a number of economic experts.”
He continued: “After the National Unity Government assumed its responsibilities, it began taking a series of measures, including, for example, doubling salaries. The aim of the statement was to clarify the measures to address the sudden impact on the purchasing power of the Libyan dinar due to its devaluation, which is significant for a society where around 30% of its population relies on salaries. Our government sought to address this by increasing salaries, as well as ensuring security stability, which played a major role in the flow and stability of prices of goods, and resolving all the issues that citizens faced in the stability of electricity.”
He added: “The government also worked on abolishing customs duties on food items to support citizens, along with ensuring the flow of fuel to all cities in the country.”
Al-Huwaij clarified that the Libyan economy is experiencing continuous and real growth, and we, at the Ministry of Economy of the National Unity Government, are determined to implement economic measures that improve the lives of our honorable citizens.
