GNC Official: State Subsidy to Remain in Place for Drugs, Water, Public Sanitation, Home Electricity and Street Lighting.
Pulbished on:
Tripoli, 26 May 2105(Lana) The Chairman of GNC Finance Committee
Khalid Al Meshri has reaffirmed that the state would continue to
subsidize some public and private utilities.
Al Meshri said lifting subsidy would include food, petrol and
diesel except for power generation, and subsidy would remain in place
for drugs, water, public sanitation, home electricity and street
lighting.
However, the General National Congress has decided to replace
subsidy with cash payment of LD 50 to every Libyan individual every
month, provided that the cash payment scheme be activated before
readjustment of prices of petrol and food items in line with real
cost prices.
=Lana=