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Libyan finance minister says 2020 spending cut over oil blockade (Reuters)
Libyan finance minister says 2020 spending cut over oil blockade (Reuters)
Last Modified: 09:30 AM, Tue Mar 03, 2020
03 March 2020
TUNIS (Reuters) - Libya's Finance Minister Faraj Bumatari said on Tuesday the Tripoli-based government has reduced its 2020 spending plan to 40 billion dinars ($28.5 billion) because of the blockade of oil ports.
TUNIS (Reuters) - Libya's Finance Minister Faraj Bumatari said on Tuesday the Tripoli-based government has reduced its 2020 spending plan to 40 billion dinars ($28.5 billion) because of the blockade of oil ports.
He added in a news conference broadcast live on television that the spending cuts were not in "sensitive areas such as health and education".
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Creditline: Reuters
Slugline: LIBYA-GOVERNMENT/FINANCE (URGENT)
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