Libya and Arab League Sign Agreement to Settle Budget Arrears

Cairo: Taher Al-Baour, the acting Minister of Foreign Affairs and International Cooperation in the Government of National Unity, and Ahmed Aboul Gheit, the Secretary-General of the League of Arab States, have signed an agreement in Cairo to settle Libya’s arrears in the Arab League’s General Secretariat budget. This agreement was concluded during a meeting at the General Secretariat headquarters on the sidelines of the 163rd regular session of the League’s Council at the level of foreign ministers.

According to Libyan News Agency, the Ministry of Foreign Affairs announced via its Facebook page that this agreement underscores Libya’s commitment to supporting joint Arab action and fulfilling its institutional obligations. The meeting also covered discussions on the developments in Libya and explored ways through which the Arab League could support a Libyan-led political settlement process, characterized by independence and free from foreign interference. Discussions included mechanisms to enhance the League’s role in supporting efforts aimed at achieving stability and building institutions in Libya.

During the meeting, Ahmed Aboul Gheit affirmed the Arab League’s commitment to its responsibilities toward Libya. He reiterated the League’s readiness to accompany the Libyan people as they seek consensual solutions that align with their aspirations for security and development.

House of Representatives Appoints New Central Bank Governor

Sabha:The House of Representatives has voted to accept the resignation of the former governor and appointed Dr. Fawzi Abu Khuzam as the new Governor of the Central Bank of Libya.

According to Libyan News Agency, the decision was made during a sessio…

Ministry of Finance Unveils Unified Salary System Draft Law

Tripoli:The Ministry of Finance of the Government of National Unity has released a draft law for a unified salary system, which includes detailed provisions on salaries, allowances, and proposed pay scales across various job grades and categories with…