The exchange rate tax leads to disputes within the House of Representatives

First Deputy Speaker of the House of Representatives, Fawzi Al-Nuwairi, announced his rejection of the decision to impose a tax on the official exchange rate.

Al-Nuwairi described the decision in a statement as invalid and unjust in its goals and results. The First Deputy called for stopping what he called the devaluation of the official currency, ending increasing rampant inflation and holding its perpetrators accountable before the judiciary.

Al-Nuwairi believed that the decision was issued under pressure from foreign countries that were not concerned with “the national interest at all.”

The First Deputy called on the judiciary to take an urgent stance to protect Libya, its people and its economy from these random decisions and actions, according to the statement.

Al-Nuwairi added that the decision represents an assault and disdain that should not have been committed by the Speaker of the Council, Aguila Saleh, and a disregard for the opinions of experts.

Meanwhile, about 30 representatives in the House of Representatives announced their rejection of the decision to impose a tax on the official exchange rate and demanded its withdrawal.

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