Libyan Prime Minister of the Government of National Unity, Abdul Hamid Dbeibah, announced his intention to unveil the anticipated cabinet reshuffle during the upcoming cabinet meeting, without specifying a date. In a recorded address marking the 15th anniversary of the February 17 Revolution, Dbeibah said the reshuffle comes within the framework of reviewing performance and enhancing the effectiveness of executive work amid current economic challenges. On the economic front, Dbeibah placed full responsibility for the crisis on parallel spending outside the state budget, describing it as the main cause of the dinar’s depreciation and rising prices. He revealed that the volume of parallel spending has exceeded 303 billion dinars, noting that it has been approved as public debt. He warned that spending 70 billion dinars in parallel expenditures in 2025; compared to an actual financial capacity not exceeding 10 billion dinars, represents a real catastrophe for the national economy.

Source: Libya Observer February 19, 2026 01:09 UTC