Tripoli: The High Council of State has announced the formation of two pivotal committees aimed at addressing economic reforms and the challenges faced by the electricity sector. These committees are part of the council's ongoing efforts to oversee and enhance the functioning of key sectors.
According to Libyan News Agency, the Office of the Presidency of the High Council of State, led by Mohammed Takala, has initiated the establishment of a committee dedicated to economic reforms. This committee is tasked with collaborating closely with the House of Representatives and the Central Bank of Libya. Their joint effort will focus on crafting a comprehensive package of financial and economic reforms. The committee's responsibilities include monitoring public spending and financial allocations, with the goal of enhancing fiscal discipline and safeguarding state resources.
The decision to form these committees was made during a meeting convened by the Office of the Presidency. The meeting was centered on reviewing various administrative and organizational matters, assessing the work of existing committees, and outlining the procedures required for upcoming phases. The focus is on ensuring that the committees are well-prepared to tackle the challenges ahead.
In addition to the economic reforms committee, the Office of the Presidency also discussed the establishment of a parliamentary committee to oversee the General Electricity Company. This committee's role will be to examine the deficits and imbalances hindering the company's ability to meet the needs of citizens. It will study the challenges faced by the electricity sector and propose actionable solutions to improve its performance and ensure stable service delivery to the public.