Amendment of Decision No. 2/2024 on Financial Allocation

The House of Representatives (Benghazi-based) amended Decision No. 2/2024 to allocate LYD 500 million from tax revenues for addressing infrastructure bottlenecks in Libya's Western Region. The Crisis Committee for the Western Region will manage disbursement, subject to approval by the HoR Presidency Bureau, with funds to be deducted by the Central Bank.

This decision signals continued fiscal fragmentation and regional allocation politics in Libya's divided governance structure. Foreign contractors and suppliers operating in western municipalities may see procurement opportunities as bottleneck projects are approved, though execution risk remains high given institutional overlap and the requirement for HoR Presidency Bureau project-by-project approval. The deduction from tax revenues rather than general budget allocations suggests informal fiscal arrangements that complicate financial planning for companies paying Libyan taxes.