In a significant development aimed at enhancing Libya's financial stability, U.S. Special Envoy to Libya, Ambassador Richard Norland, and the Governor of the Central Bank of Libya (CBL), Al-Siddiq El-Kabeer, have agreed on the necessity of a unified budget. The call for a unified budget is seen as a crucial step towards ensuring that the Libyan public is fully informed about the utilization of the country's wealth. By advocating for a unified budget, the leaders are addressing not only the symptoms of the economic instability but also its root causes. This approach is crucial for creating a more transparent, accountable, and stable economic environment that can foster growth and prosperity for all Libyans. By focusing on the establishment of a unified budget, there is a renewed hope for the protection of the Libyan dinar and the efficient management of the country's resources.
