Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies

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Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies

AI Summary

Belgasem Khalifa Haftar, son of Libyan military strongman Khalifa Haftar, has vowed to continue uncontrolled public spending on development projects in eastern and central Libya, refusing to cut expenditure despite the country's economic pressures. The announcement was made at a gathering of tribal leaders and included a veiled threat to cut off oil supplies if demands are not met. This highlights the ongoing political and economic power struggle between eastern Libya's Haftar-aligned forces and the broader national government.

‎In a cleverly coordinated PR stunt, the Director General of the Libya Development and Reconstruction Fund, Belgasem Khalifa Haftar, son of the ageing military strongman in control of eastern, central and most of southern Libya, stressed to a gathering of eastern and central Libyan tribal leaders the need to continue public spending on development and […] The post Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies appeared first on LibyaHerald.

World Politics Commodities Energy Libya Haftar oil supply threat public spending eastern Libya political economy tribal politics

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