Saudi Arabia among 10 countries welcoming Libya’s unified budget agreement ...Saudi Arabia

ٍٍٍSaudi Gazette - News

RIYADH — Ten countries, including Saudi Arabia, welcomed on Sunday the signing of a unified 2026 budget for Libya, the first Libyan national budget in over a decade and a critical step to increase economic coordination between western and eastern Libyan leaders. “We applaud their constructive approach to reach this agreement, which has the potential to foster increased unity, stability, and prosperity for Libya,” they said in a joint statement. The countries also include the United States of America, the United Kingdom, Egypt, France, Germany, Italy, Qatar, Türkiye, and the United Arab Emirates.Full implementation of the unified budget, signed on April11, will help advance Libya’s financial stability, defend the value of thedinar and the Libyan people’s purchasing power, enable the implementation of development projects and international investment across Libya, and strengthen Libya’s vital technocratic institutions, including the Central Bank of Libya, National Oil Corporation, and Libyan Audit Bureau. The unified budget includes the National Oil Corporation's first operational budget in years and financing to increase energy production, as well as oversight provisions to ensure these funds are used effectively. Increased oil and gas production will drive greater prosperity for the Libyan people and their international partners and contribute to regional and global energy security.“We reaffirm our support for the United Nations Support Mission in Libya (UNSMIL) and the roadmap developed by UN Special Representative of the Secretary General Hanna Tetteh and urge all stakeholders to use this roadmap and UNSMIL facilitation to advance a Libyan-led political process leading to unified governance and national elections. Increased economic integration will complement and strengthen the political process,” the statement said, adding “a strong and prosperous Libya with unified economic, military, and political institutions is in all of our interests.”

Hence then, the article about saudi arabia among 10 countries welcoming libya s unified budget agreement was published today ( Monday 20/04/2026 - 12:45 AM ) and is available on ٍٍٍSaudi Gazette ( Saudi Arabia ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Arabia among 10 countries welcoming Libya’s unified budget agreement )

Last updated : 20 April 2026 clock 12:45 AM

Also on site :

Saudi Arabia among 10 countries welcoming Libya’s unified budget agreement ...Saudi Arabia

WWE WrestleMania 42 Results: Penta retains Intercontinental title in a ladder match for the ages

Universities set to be fined up to £500,000 for failing to protect free speech

Middle East war live: Iran vows response after US destroyer fires on cargo ship

Is Xi feeling stronger than Trump?

Wet weather doesn’t stop Rochester River Run at Genesee Valley Park; participants aim to raise funds for patients

Target's Pretty New 3-Piece Ruffled Comforter Set Is Giving Pottery Barn Vibes for Less

Texas Fertility Center celebrates 25,000+ babies born through fertility treatments

Amanda Batula Allegedly Deleted IG Amid West Wilson Romance Backlash

Hunter Brown, Cristian Javier Projected To Return In 5-7 Weeks

Rain, wind and cool temperatures in the forecast Monday April 20th

Indigo Girls’ Emily Saliers Reveals Cervical Dystonia and Essential Tremor Diagnoses: ‘My Voice Will Not Be What It Was’

Films of the Week: 20–26 April

Strait of Hormuz Standoff Sends Oil Prices Surging

Indiana DC Bryant Haines claps back at Ty Simpson, Alabama fans

Asobi System Artists, Executives on Global Aspirations and Asobi Expo Hawaii 2026