Sun. Jul 7th, 2024

The Libyan Government of National Unity’s Head Abdul Hamid Dabaiba reversed the decision to lift fuel subsidies after being criticized.

Dabaiba said on Friday via his “X” platform account that lifting subsidies would be based on the acceptance of the people and that the money will go to citizens. As a result of ongoing discussions, a solution that guarantees citizens’ rights will be reached in the near future.

In response to the retraction of the decision, citizens took to the streets and held protests to denounce this decision and its repercussions on the economic and living conditions of citizens and to demand that the government be overthrown.

According to Dabaiba: “The removal of fuel subsidies is irreversible,” justifying his decision by saying that “continuing this situation would exhaust the general budget, particularly after 50% of the support had been committed.”

Prime Minister of the parliament-backed government, Osama Hammad, opposed the decision, and warned of its consequences and impact on all aspects of life and the state’s educational, health, industrial and commercial sectors.

Libya loses at least $750 million annually as a result of illegal fuel smuggling activities, which raises authorities’ concerns and questions about the reform required to avoid this.

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