TRIPOLI - Libya’s two rival legislative bodies have approved the country’s first unified state Budget in more than a decade, its central bank said in a statement on April 11. Its last unified national Budget was agreed in 2013. The agreement to approve the Budget was signed in Tripoli by Mr Essa Aribi, a representative of the Benghazi-based HoR, and Shawesh, representing HSC. He also said there was an agreement to allocate 12 billion dinars to state oil firm National Oil Corporation. He said the new Budget would support development projects nationwide and ensure financing for the National Oil Corporation so that it can increase energy production and revenues.

Source: Libya Today April 11, 2026 19:28 UTC