Decision No. 837 of 2022: Allocation of 1.5 Million Dinars to Renewable Energy Authority

The Council of Ministers allocated LYD 1.5 million from the miscellaneous budget item to the Renewable Energy Authority to settle outstanding financial obligations. The funds are drawn from contingency allocations under existing fiscal legislation. The decision took effect immediately upon issuance on 25 September 2022.

This decision signals the government's willingness to honor obligations to the renewable energy sector, albeit through ad-hoc budgetary mechanisms rather than regular appropriations. Foreign renewable energy companies and developers should note that the Renewable Energy Authority had accumulated unpaid obligations requiring ministerial intervention, indicating potential payment delays or fiscal stress within the agency. The modest allocation (approximately USD 310,000 at prevailing rates) suggests limited immediate fiscal capacity for renewable energy projects, but confirms the sector remains on the government's radar for financial support.