The Head of the Accounting Department at the Libyan Academy, Abubakr Abu Al-Qasim, commented to our source on the open letter issued by several individuals concerned with financial matters. The meeting, organized by the Humanitarian Dialogue Center, led to the creation of a document that focused on returning to the legal foundations for approving the 2025 budget. The document also addressed short-term measures and tackled some of the distortions in financial policies adopted, particularly in recent years, rather than offering long-term strategies.
He added that the document did not address broader economic issues and instead focused on setting mechanisms for rationalizing government spending and enhancing revenues. It also highlighted legal violations related to spending, revenues, and the irresponsible use of public funds. The discussions were constructive, involving Libyan experts with knowledge and experience in this field, and should be considered in the context in which they were presented.
He also noted that this open letter was directed to all stakeholders involved in Libyan affairs, both domestic and international, at a critical time, especially as the country is actively working to reshape the Libyan landscape.
