The Libyan House of Representatives' Finance Committee held a crucial meeting on October 28, 2026, with the Finance Minister of the outgoing Government of National Unity, along with his accompanying team, at the Ministry of Finance headquarters in the capital. The meeting aimed to discuss the proposed law for a unified salary system, presented by the government, to unify salaries and address the existing disparities in wages across various state sectors.
The meeting focused on the sound legal and economic foundations of the proposed law, as well as studying the expected revenue size and reviewing possible scenarios to secure the necessary financial resources for its effective implementation. The goal is to achieve this without harming the state's general budget and ensuring the sustainability of cash flows to cover spending obligations regularly.
During the meeting, the Finance Minister emphasized that the project is primarily based on two main principles: achieving social justice among all public sector employees and ensuring the state's financial sustainability. He highlighted the importance of finding a balanced equation that accurately meets citizens' legitimate living demands and the state's actual ability to fulfill its financial obligations in the long term.
The discussion also touched on the need for a balanced approach that considers both the economic conditions and the demands of various professional groups within the state. The participants stressed the importance of accelerating all necessary administrative and legislative procedures to approve the unified salary system law as soon as possible.
The meeting comes in response to growing popular demands and aims to improve citizens' income levels and enhance job and social stability for various professional groups in the state. The unified salary scale is expected to address the existing disparities in wages and promote social justice.
The Finance Minister and the House of Representatives' Finance Committee agreed on the need for intensified efforts to ensure the law's approval in a timely manner. This will enable the state to fulfill its financial obligations and provide a stable economic environment for its citizens.
The implementation of the unified salary system is expected to have a positive impact on the lives of Libyan citizens, particularly those in the public sector. The law aims to provide a fair and equitable salary structure, which will help to reduce economic disparities and promote social stability.
Key points
- The Libyan House of Representatives and Finance Minister discuss unified salary scale and funding mechanisms.
- The proposed law aims to unify salaries and address existing disparities in wages across state sectors.
- The implementation of the unified salary system is expected to promote social justice and financial sustainability.