Libya’s rival legislatures have approved a unified development program intended to align national finances after more than a decade of political division. Announced by the Central Bank of Libya, the agreement sets a shared framework for directing spending and funding development projects across the country. Analysts say the move reflects pressure to reduce fiscal fragmentation and stabilize governance. The deal marks cooperation between the Benghazi-based House of Representatives and Tripoli’s High State Council representatives together.
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Libya Rivals Sign Unity Deal
Politics
19/11/2025
Libya’s rival legislatures have approved a unified development program intended to align national finances after more than a decade of political division. Announced by the Central Bank of Libya, the agreement sets a shared framework for directing spending and funding development projects across the country. Analysts say the move reflects pressure to reduce fiscal fragmentation and stabilize governance. The deal marks cooperation between the Benghazi-based House of Representatives and Tripoli’s High State Council representatives together.
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