Financial and Banking News


Libyan Development and Administrative Budgets Reduced for 1985

At its annual general meeting held in Tripoli on 21 February-2 March, the Libyan General Peoples Congress (parliament) approved the state's development and ordinary budgets for 1985, which have been reduced by 19t and 17% respectively compared to the 1984 allocations. (For previous figures see MEES, 12 March 1984).

According to the Libyan news agency JANA, the total...