Libya’s caretaker government of Prime Minister ‘Abd Allah al-Thinni now considers the 2014 Libyan budget as having been “legally approved by the General National Congress (GNC).”
Following a meeting on 10 June, the government issued a statement explaining that, in its own interpretation, the budget proposals it submitted to the GNC (parliament) earlier this year are “considered to be approved automatically.” According to Article 132 of GNC internal law 62 if the GNC does not demand specific amendments to the proposed budget then the law automatically takes effect, government spokesman Ahmad Lamin tells local daily the Libya Herald. (CONTINUED - 762 WORDS)