Al-Sarraj reviews Libya's financial arrangements for 2020

Al-Sarraj reviews Libya's financial arrangements for 2020

December 02, 2019 - 21:09
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Written By: AbdulkaderAssad

The Head of the Libyan Presidential Council Fayez Al-Sarraj met Monday with the members of the financial arrangements committee in the presence of Presidential Council member Ahmed Mitig, minister of planning Al-Taher Al-Jahami, minister of finance Faraj Bumatiri, and minister of economy and industry Ali Al-Essawi.

Al-Sarraj's media office said the meeting in Tripoli discussed the 2020 financial arrangements for the country.

It added that the discussions included development plans in a three-year program, in addition to expected revenues from oil and other sovereign resources after doing the math on the income taxes and customs tariffs.

The meeting reviewed as well the expenditures, including the salaries of state employees and the funding for the development projects as well as the subsidies and oil sector operations.