All News ..All Truth.. The Libyan Platform

2026-05-09

8:04 PM

All News ..All Truth.. The Libyan Platform

2026-05-09 8:04 PM

High Council of State’s Finance Committee elects new leadership 

High Council of State’s Finance Committee elects new leadership 

The Finance Committee of the High Council of State held elections this Monday to appoint its new executive office, a move aimed at consolidating institutional work and adhering to internal regulations that mandate periodic elections every six months. The process resulted in the election of Marei Rahil as Committee Chair and Abd al-Fattah al-Labib as Deputy Chair, while Suaad Artima was appointed Rapporteur by acclamation. This structured transition reflects the Council’s commitment to transparency and the democratic rotation of responsibilities, ensuring that internal performance continues to evolve to meet the country’s current challenges.

As a cornerstone of the Council’s structure, the Finance Committee manages critical economic dossiers that are central to national priority, providing the technical expertise necessary for informed decision-making. The newly elected office is expected to oversee a portfolio, including the scrutiny of financial legislation and the rigorous monitoring of the national budget to maintain a balance between state revenue and expenditure. This oversight role is essential for delivering practical solutions to economic instability and ensuring that the management of state resources is conducted with the highest levels of accountability and professional rigour.

Following the session, the new leadership expressed its appreciation for the previous office’s efforts in navigating complex financial files, while outgoing members emphasised the importance of maintaining a collaborative spirit to serve the public interest. This seamless handover reinforces governance standards and introduces fresh perspectives to the Council’s specialised departments. Moving forward, the committee has pledged to intensify coordination with relevant executive bodies to ensure integrated fiscal performance and achieve long-term economic stability.

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