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Libyan government approves 20% increase in public salaries

Libyan government approves 20% increase in public salaries

LIBYA’S internationally recognised government has approved a 20% raise in public sector wages, a spokesman said, boosting a key source of income for many Libyans that has been eroded by inflation. Public salaries account for more than half of public spending in the country of 6 million, and are funded by unstable oil and gas revenues. The decision was approved in an emergency cabinet meeting said Ghaleb Alzgalay, a spokesman for Prime Minister Fayez Sarraj who heads the Tripoli-based Government of National Accord. A government source told Reuters in a message that the decision would put into effect a move…
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