The Director of state-owned Price Balancing Fund (PBF), Jamal Al-Shaibani, clarified in a press statement that the PSF is still waiting for the approval of the Central Bank of Libya for the supply of food commodities since last December.
Al- Shaibani expressed his surprise at the Central Bank's refusal to liquidate funds for goods, especially that the step will be for the benefit of the citizen who will be able to obtain the goods at cost price.
He further expressed surprise at allocating 1.5 billion dollars by the Presidential Council to the private sector, calling for the need to create competition between the two sectors for the benefit of the citizen, warning of its dire effects on the living conditions in the country.
Economy
