Econostrum | Economic News in the Mediterranean

Libyan parliament approves rival government's budget

Written by Marie-Cécile Audibert on Thursday, June 16th 2022 à 15:35 | Read 1899 times

The House of Representatives supports Prime Minister Fathi Bachagha (photo: HoR Libya)
The House of Representatives supports Prime Minister Fathi Bachagha (photo: HoR Libya)
LIBYA. The situation in Libya is becoming more and more complex every day. On Wednesday 15 June 2022 in a session held in Sirte, the House of Representatives (HoR), the Libyan Parliament, approved the 2022 budget presented by the government of Fathi Bachagha. The deputies appointed this Prime Minister in February 2022, before he took office in March 2022.

But another Prime Minister, Abdelhamid Dbeibeh, was already in office since March 2021 at the helm of a Government of National Unity (GNU) supported by the Libyan Political Dialogue Forum. He does not intend to relinquish his position. In any case, only if his successor is appointed by a parliament resulting from a new legislative process.

"This budget, which has obtained the confidence of the Parliament, has not been imposed on the Libyan people. It is the result of a consensus and conforms to a constitutional basis," commented Aguila Saleh, president of the Tobruk-based HoR. Members of the High Council of State (HCS) attended the meeting.

The 2022 budget, adopted unanimously, is worth 89.7 billion Libyan dinars, or €17.81bn or $18.57bn.

One Prime Minister in Tripoli, the other in Sirte

The rift between the two parallel governments is widening as delegates from the House of Representatives and the High Council of State meet in Cairo on Sunday 12 June 2022 for their third and final negotiating session under the auspices of the UN. Stephanie Williams, the UN Special Adviser on Libya, urged them to agree on a constitutional framework for holding presidential and parliamentary elections. In her words, "as soon as possible". 

Scheduled for 24 December 2021, then postponed to 24 January 2022, the presidential election could never be held. The reason for this is the incompatibility of two laws governing the elections and the difficulty of validating certain candidates. 2.8 million Libyans are registered to vote. In February 2022, Abdelhamid Dbeibeh had announced legislative elections for June 2022...

Abdelhamid Dbeibeh runs the country from Tripoli, despite regular armed conflicts between militias supporting him and those in favour of his opponent. Fathi Bachagha holds his post in Sirte. After his failure to take power in the capital, he decided to set up his parallel government in this Mediterranean coastal city. A decision approved by the Parliament.


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