Ministry of Finance: January and February salaries still on halt despite availability of resources with Ministry of Finance.

Tripoli, 3 march 2020(Lana) GNA Minister of Finance, Faraj Abumattari has said the financial arrangements for 2020 should be met with collaboration of all institutions concerned, especially concerning other policies related to the macro-economy such as monetary and commercial policies. Abumattari pointed out to World Bank indicators reffered to in its report which forecasted a growth of 5.5 percent for libyan national economy, but what happened now is a decline, asserting that all positive indicators in 2018 are now reversing. He said all reforms are not completed due to shortcomings in key monetary polices, inflation control and currency value which are all competencies of Central Bank of Libya. The Minister said the ministry is facing problems in consultations, coordination's and arrangements despite the fact that state financial law provides for government expenditure through the latest budget, known as 1 over 12. =Lana=