Al-Menfi delivers Libya's speech at the Fourth International Conference on Financing for Development in Seville, Spain.

Seville, June 30, 2025 (LANA) - President of the Presidential Council, Mohammed Al-Menfi, called on the international community to support Libya in its efforts to implement genuine structural reforms and contribute to launching sustainable development projects.

This came in a speech delivered by Al-Menfi today at the opening session of the Fourth International Conference on Financing for Development, held in the Spanish city of Seville, in the presence of UN Secretary-General António Guterres and a number of heads of state and representatives of international and regional organizations.

Al-Menfi stated that despite Libya's vast natural resources, promising sovereign wealth fund, and strategic location, it still needs effective international partnerships to overcome its crisis. He stressed the importance of supporting political stability, promoting investment, and directing funding towards sustainable projects in education, healthcare, renewable energy, and diversifying the Libyan economy.

In his speech, the Chairman of the Presidential Council emphasized that Libya is going through a pivotal phase in its history, pointing to the major challenges the country has faced in recent years, from political, economic, and security crises, to the Hurricane Daniel disaster that struck the city of Derna and its surroundings. He emphasized that the Libyan people remain hopeful and determined to build a prosperous and stable future.

Al-Menfi expressed his hope that the "Seville Commitment" will constitute a true starting point toward a more just and equitable global financial system that meets the needs of developing countries, alleviates debt burdens, and supports security, development, and stability in Libya, the African continent, and the world as a whole.

...(LANA)...