Prime Minister Abdulhamid Dbeibah has called for strict action against traders accused of hoarding goods or manipulating prices, saying the government will not tolerate practices that harm citizens or destabilise the market. Speaking at an expanded meeting on Thursday to review price levels and economic conditions, Dbeibah said controlling prices and protecting consumers remain a top priority for his government. He instructed authorities to intensify inspections in markets and to strengthen coordination between the Economy Ministry, the Municipal Guard and other agencies, to track goods from entry points to retail outlets and ensure traders comply with approved pricing. The meeting was attended by senior economic and government officials, including the prime minister’s financial adviser, Economy Minister Mohamed Al-Hweij and the head of the Municipal Guard. Participants discussed the value of letters of credit for importing basic goods and how they affect availability and price stability, as well as challenges in supply chains and distribution, and ways to address them to maintain balance in the local market.

Source: Libya Observer January 03, 2026 12:06 UTC