The Head of the House of Representatives’ Unified Spending Committee, Issa Al-Aribi, has threatened to withdraw from the unified development spending agreement and revert to previous mechanisms and procedures to secure the funding needed to cover the state’s essential expenditures.
In a letter addressed to Central Bank of Libya Governor Naji Issa, Al-Aribi said the other party had failed to complete the implementation measures agreed upon during a meeting held in Tunis in mid-May.
The letter revealed information indicating that spending and disbursement operations are continuing outside the agreed framework, bypassing the provision that expenditures should be carried out through the designated committees. Al-Aribi said such practices “undermine the foundations upon which the agreement was built and waste the significant efforts made to reach it.”
He also warned that what he described as the “continued obstruction of the agreement’s provisions” would eliminate the reasons that led them to approve it in the first place and would release them from any obligations arising from it.
Al-Aribi called on the Central Bank governor to make the necessary efforts and contacts with all parties represented in the agreement to ensure its immediate and full implementation, setting 24 June as the deadline for a response and a clear position on the matter.
