BSS
  11 Apr 2026, 18:01

Libya approves first unified state budget in 13 years

TRIPOLI, April 11, 2026 (BSS/AFP) - Libya's rival eastern and western 
legislative bodies have signed a US-mediated agreement to unify public 
spending across the divided country in a first since 2013, the central bank 
said Saturday.

"This step reflects real progress toward unifying fiscal policy and 
strengthening the good management of public spending," the bank announced, 
saying the agreement was "the first consensus on unified spending across 
Libya in over 13 years".

Libya has struggled to recover from the chaos that erupted following the 2011 
Arab Spring uprising and has been divided between a UN-recognised government 
based in Tripoli and an eastern administration.