Tripoli: The Prime Minister of the Government of National Unity, Abdulhamid Dabaiba, has issued an official directive to the Governor of the Central Bank of Libya, urging an immediate cessation of all spending related to Chapter Three of the 2026 fiscal budget, which is designated for project financing. This halt is to remain in effect until there is complete adherence to the regulations outlined in the Unified Development Program.

According to Libyan News Agency, Dabaiba's letter also underscored the significant risks associated with parallel spending, which has already surpassed 70 billion dinars. He pointed out that such spending is contributing to an increase in public debt, heightened inflation rates, and a decline in the value of the Libyan dinar.

Dabaiba insisted that development should be an inclusive right for all Libyans across the east, west, and south regions. He stressed the importance of involving all pertinent authorities while adhering strictly to financial limits and control measures to ensure economic stability and avoid further financial disarray.