Libya backs economic stability and subsidy reform
By the AFREEQUE newsroom, based on Libya Herald
Libyan Deputy Finance Minister Abu Bakr Al-Jafal outlined the Tripoli government’s economic priorities at a meeting in Bangkok. They include economic stability, better resource management, subsidy reform and revenue diversification, according to Libya Herald.
Libyan Finance Ministry Undersecretary Abu Bakr Al-Jafal championed economic stability and reform of the subsidy system as priorities for the Libyan government at a meeting in Bangkok on the effects of regional conflicts on economies, Libya Herald reported.
The meeting brought together finance ministers and central bank governors from the MENAP region — the Middle East, North Africa, Afghanistan and Pakistan — as well as the managing director of the International Monetary Fund. Abu Bakr Al-Jafal also called for better resource management and stronger cooperation with international institutions, amid political and institutional divisions in Libya.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
