Libya’s GNA allocates 600 million dinars for Covid-19 response

The Libyan Government of National Accord (GNA) has allocated 600 million dinars as an emergency fund to provide Covid-19 vaccines to Libyans and to purchase the needed medical equipment to the county.

The GNA approved in a meeting in Tripoli on Monmday an emergency fund of 600 million dinars to get Covid-19 vaccines as well as the necessary medical equipment, saying the fund would be covered by the bank account of the Libyan General Medical Insurance.

The meeting saw a discussion about the 2021 budget amid the ongoing economic and political situation, saying it would be a unified budget as per the agreement made in eastern Libya upon the visit of the Minister of Finance Faraj Bumtari and Presidential Council deputy head, Ahmed Maiteeq.

It also went over the unification of state institutions and the proposed geographical division of administrative and economic institutions in the state – 12 administrative districts with some space of independence in terms of finances among other points – which will be discussed later.

The Head of the advisory committee of fighting Coronavirus, Dr. Khalifa Al-Bakoush, had attended the meeting and explained the dire epidemiological situation, especially the funding problems related to the Central Bank’s reluctance to give the 600 million budget allocated earlier by the Presidential Council.

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