Libyan Industrial Union organizes workshop on private sector contribution to development.

Tripoli, 13 December 2017 (Lana) Libyan Industrial Union organized Wednesday a workshop themed; 'Legislative Proposals for the Private Sector to Support the Public Sector'. The workshop is designed to developing legislative proposals on Private Sector's Contribution to Economic development. The workshop held at Corinthian Hotel in Tripoli is in line with the economic and financial reforms and the role of the private sector in addressing the current crisis and the need to amend some legislations, besides the need to issue important decisions to promote the private sector in order to play its role in salvaging the national economy. The opening session was attended by head of financial committee at the House of Representatives, Omar Tantoush, GNA Vice-President , Ahmed Amitiq, GNA Minister of Economy, Omar Al Dersi, Governor of Central Bank of Libya, Al sadiq Al kabier, Executive Director of Libyan Industrial Union, Ali Anssair, and several experts in economy and industry. In a statement to Lana Amitiq said the private sector is promising, and through the 45 points made by the Presidency Council and the committee set up to address the economy and its reform, it is expected to play its role in the economy. He said there are many fields which are open to the private sector including communications, electricity, animal resources and fishing. Amitiq said this programme is not a remedial one but a programme to salvage the Libyan economy from deformities. He underlined that Libyan oil production recorded one million and one hundred thousand barrels per day, explain that this figure would support the revenues of foreign currency and would reflect positively on the value of the Libyan dinar and national economy. =Lana=