Prime Minister Abdul Hamid Dbeibeh chaired the second regular Cabinet meeting of the year this Monday in Qasr al-Akhyar, attended by ministers, ministers of state, and heads of executive agencies. The meeting focused on monitoring government performance and reviewing executive plans for the upcoming period. During the session, Dbeibeh underscored that the unified financial agreement effectively terminates years of institutional division, asserting that the primary objective of this fiscal coordination is to place public services at the forefront of national priorities and ensure that resources are directed toward citizen-centric projects.
The meeting featured visual briefings presented by ministers regarding the operational performance of government institutions and their target work plans. Discussions also addressed the key challenges facing various sectors and identified practical solutions to overcome them. These efforts aim to enhance the efficiency of government work and ensure a tangible improvement in the quality of services provided to citizens across the country.
Unified Financial Agreement: Ending a Decade of Institutional and Fiscal Division
During the meeting, the Prime Minister highlighted a significant national milestone: the achievement of a unified financial and developmental agreement following a rigorous seven-month negotiation process conducted by the (2+2) team. Dbeibeh explained that this breakthrough effectively concludes over thirteen years of fiscal division, a period characterized by fragmented decision-making and parallel spending outside official channels. By reorganizing public financial management under a single Ministry of Finance and a unified Central Bank in compliance with Libyan laws, the agreement marks a transformative shift in economic reform.
The meeting specifically addressed the critical issue of parallel spending, which has been one of the most significant fiscal challenges in recent years. Dbeibeh asserted that the unification of public finance will effectively end this phenomenon and eliminate the duplication of resource management. He noted that regulating expenditure is a fundamental step toward achieving economic stability and enhancing transparency and accountability in the management of public funds.
Strategic Solutions for Institutional Efficiency and Executive Coordination
The meeting reviewed proposed solutions to current challenges as part of a comprehensive government plan aimed at enhancing institutional performance and ensuring administrative efficiency. The Prime Minister emphasized the vital importance of seamless coordination among various executive bodies to ensure that government plans are implemented in an integrated manner, effectively avoiding jurisdictional overlaps. He further asserted that collective action is a fundamental element in achieving national development goals, particularly given the challenges facing the country, which necessitate a unified approach to governance and resource management.
Achieving Economic and Social Stability while Promoting Growth Opportunities
Dbeibeh explained that the measures taken in the field of public finance are part of a broader vision aimed at achieving economic and social stability through effective resource management and the improvement of the government work environment. He noted that these steps are designed to bolster the national economy, stimulate investment, and create new job opportunities, thereby advancing the country’s overall development agenda.
The Prime Minister emphasized that the fundamental goal of these measures is to alleviate the burdens on citizens by directing state resources toward the substantial improvement of essential services, such as healthcare, education, and electricity. He asserted that the government is committed to achieving tangible results that citizens can experience in their daily lives, driven by the modernization of public institutional performance and ensuring the effective delivery of vital services across the nation.
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