CBL Renews Statement About State Financial Situation.
Pulbished on:
Tripoli, 18 January 2015(Lana) The Central Bank of Libya has
reiterated what it previously stated about the financial situation in
the country, as part of its interaction and transparency policy, to
face up to the current situation and its impact on the state and
daily living of the members of the general public.
The bank demanded, in the statement which it described as very
important, urgent measures to be taken, to rationalize spending, no
matter how painful the consequences might be, in order to ensure that
the minimum needs of life for the public are met and the country is
safe.
It called for addressing the 2014 budget deficits, a full
commitment to employing the national number in all financial
transactions, as well as put in place a effective mechanism to
collect sovereign taxes and reconsidering subsidy policies as an
urgent matter.
=Lana=