Troops loyal to the internationally recognized Libyan government are preparing to launch a counter-offensive against Khalifa Haftar, the rebel commander based in the East, who is currently fighting for his position on the southern outskirts of the capital, the Home Secretary said Government.
We are in the pipeline and within about three days there will be an attack and we will switch from a defensive to an attacking position, "said Interior Minister Fathi Bashagha.
" The forces are repelled from all over the West region … In other areas where Haftar's forces are stationed, there are other surprises.
The announcement occurred when the United Nations expressed concern over reports of indiscriminate shelling in populated areas.
Citing figures from the International Organization for Migration, UN spokesman Stephane Dujarric said 39,000 people were down through battles [1
"We assure you that this aggression on Tripoli has increased our strength and combat readiness. The security situation has improved thanks to the efforts of security and police personnel, "Bashagha said.
Regardless, Minister of Economic Affairs Ali Abdulaziz Issawi told Reuters that the GNA was holding up to $ 1.43 billion. $ 4,000 to cover the cost of the war, which has now gone into the fourth week.
Issawi said the government of Prime Minister Fayez al-Sarraj was going to spend the money on medical treatment for the wounded that spend aid for displaced persons and other "emergency" war costs and insist that the amount is not used to finance the war effort
Tripoli recovers revenues largely from oil and gas production, interest-free loans from local banks to the central bank and a premium of 183 percent on foreign exchange transactions, which we conducted at official rates
However, as centralized tax collection has declined sharply, public debt in the West has risen to 68 billion dinars ($ 48 billion), including unpaid government obligations such as social security.
Government Spending Cut
Some analysts say that Sarraj's government will be forced to raise new guilt as the war over control of Tripoli continues.
With Libya largely dominated by armed factions that also act as security forces, public payroll has risen for both the Western and Eastern administrations. Fighters have been forced to public employees to buy their loyalty.
The East sold bonds worth $ 35 billion ($ 25 billion) outside the official financial system, as the central bank of Tripoli does not finance the capital Apart from some wages, the government is in parallel.
Despite its limited reach, the Tripoli government still has an annual budget of around 46.8 billion dinars ($ 34 billion), mainly for public salaries and fuel subsidies.
"This year we can not finance debt … We will not borrow [by agreement with the central bank] Issawi said.
According to the IMF, Libya's central government debt ratio is 143 percent, making it one of the most indebted countries
Issawi declined to say which part of the budget would be cut to support the additional costs of the war costs.
However, about 70 percent of the budget was allocated to public wages, fuel subsidies, and other social benefits Part of the infrastructure is most likely to be counterfeited.
Due to widespread lawlessness, there have been no major infrastructure projects since 2011 when a NATO-backed uprising flooded long-time ruler Muammar Gaddafi and left schools, hospitals and roads in an acute state res SOURCE:
Al Jazeera and news agencies