Libya Approves First Unified State Budget in 13 Year

Libya has approved its first unified state budget in 13 years, signaling a rare moment of political consensus in a country long divided by competing administrations and conflict. The budget brings together rival eastern and western authorities under a single fiscal framework, aiming to streamline public spending, stabilize essential services, and restore confidence in state institutions. Lawmakers described the agreement as a critical step toward economic recovery, noting it will cover salaries, infrastructure, and reconstruction while improving transparency in oil revenue management. The move is being closely watched as a test of whether Libya’s factions can sustain cooperation beyond the budget process and move toward broader national reconciliation.