Libya approves first unified budget in more than a decade
Al Jazeera·2h ago·Hope
What Happened
Libya's eastern and western legislative bodies approved a unified state budget for the first time since 2013, the Central Bank confirmed Saturday. The House of Representatives and High Council of State signed the agreement in Tripoli. Central Bank Governor Naji Issa called it proof Libya can overcome internal divisions. Political fragmentation remains despite the breakthrough, with Khalifa Haftar's forces controlling eastern oil regions. The agreement reflects Libya's growing importance in global energy markets.
Key Entities
LibyaCentral Bank of LibyaNaji IssaHouse of RepresentativesHigh Council of StateAbdul Hamid DbeibahKhalifa HaftarLibyan National ArmyTripoliGovernment of National Unity