The Head of the Presidential Council, Mohammed Menfi, has constituted a specialised advisory Committee to assess Libya’s worsening economic landscape and recommend corrective measures. The report is expected to identify systemic risks with implications for national security and propose actionable economic and governance reforms in the short and medium term. Members of the committee include Al-Taher Al-Jehimi, Mohamed Abousenina, Idris Al-Sharif, Ezzedine Ashour, Ayoub Al-Farsi, Nasser Al-Maarefi and Ahmed Bin Amer. In announcing the decision, Menfi cited the “continued deterioration of macroeconomic indicators” as a pressing concern, cautioning that the trajectory now poses a threat to stability, national security and citizens’ rights. The formation of the advisory committee signals a renewed institutional effort to restore economic equilibrium and reinforce fiscal discipline at a time of mounting financial strain.

Source: The North Africa Journal February 18, 2026 16:24 UTC