On Tuesday, the Government of National Accord decided to activate and amend Cabinet Resolution No. 641 of 2013, which stipulates a 20% increase for workers in public sector.
In a meeting chaired by the President of the Presidential Council, Fayez Al-Sarraj, the government excluded the parties that have special salary systems, or those who have a differential bonus, as well as workers abroad.
The government discussed the economic and practical aspects of the bank’s board of directors decision to unify the exchange rate, the accompanying procedures required of the government, and the government’s vision of the projected budget for the financial year 2021, according to the accompanying variables of the new exchange rate.
The government also discussed the proposal submitted by the acting Minister of Economy of establishing the Competition Council, defining its functions and duties, and the Council approved its establishment.
It is worth noting that the Board of Directors of the Central Bank of Libya, in a meeting held on the 16th of this December, amended the exchange rate of the Libyan dinar against the dollar to 4.48 dinars per dollar.