HoR’s 303 billion debt cancellation is necessary as the debt’s negative effects have already occurred: H. Bey

Yesterday’s publication by the House of Representatives of a law authorizing the settlement of Libya’s public debt up to 2025 —estimated at 303.4 billion Libyan dinars—has sparked political and public debate. The debt is to be repaid by the Central Bank of Libya deducting 3 percent from state revenues. Several political commentators and analysts have […] The post HoR’s 303 billion debt cancellation is necessary as the debt’s negative effects have already occurred: H. Bey appeared first on LibyaHerald .