Prime Minister Abdul Hamid Dbeibeh announced at the Antalya Diplomacy Forum that Libya has achieved a major breakthrough in financial governance by approving a unified development budget for the first time in over a decade. Speaking to TRT Arabi in Turkey, Dbeibeh highlighted that consolidating oil and non-oil revenues under the Central Bank of Libya has already strengthened the Libyan dinar and led to a noticeable decline in black-market exchange rates for the US dollar.
Regarding defense and security, the Prime Minister noted successful efforts in integrating former fighters into formal military structures as part of a broader mission to build a unified national army under civilian leadership. He welcomed international and regional initiatives aimed at merging military institutions across the east and west to prevent further domestic conflict. On migration, Dbeibeh reaffirmed that Libya serves as a transit point rather than a destination, calling for global cooperation with nations like Italy, Turkey, and Qatar to launch development projects in migrants’ home countries. He concluded by reiterating the government’s focus on stabilizing the nation and upgrading essential infrastructure, including healthcare and the power grid.