Al-Sarraj agrees to raise capital of Libya’s General Electricity Company

News

July 2020- The Head of the Presidential Council Fayez Al-Sarraj, as the Chairman of General Assembly of General Electricity Company of Libya (GECOL), has agreed to increase the capital budget of the GECOL.

The agreement came in a meeting Monday to discuss issues raised in previous meetings. The meeting also endorsed a new committee for the GECOL Control Authority, in addition to amendment of certain laws.

At the beginning of July, the General Assembly of GECOL approved the preliminary budget of 2020 as per criteria that included cutting spending. The second meeting this month saw a reshuffle of the board of directors of the GECOL.

Libya Observer

Reporting: Abdulkader Assad 

 

 

 

 

 

 

 

 

News & Updates

These are not militias these are out of control youths, in any normal society police or the security services would deal with them, but... these youths know nothing else, you’re right, re-education, discipline and a chance at a future are all esssential

Saddik Mohamed@Saddiktweets

Demobilization ,Disarmanent & Reintegration must be activated before this guy grows up !!🤗
#libya

A generation that knows little else!

According to several UN reports, the militias in Libya today look more like cartels, each defending its own interests and seeking to steal the state’s revenues while taking advantage of its weakness and widespread corruption.

Seems crazy that we can sanction fuel smugglers but can't take out the people smugglers... strange values we have!

US sanctions Libya smuggling network and pushes for negotiated settlement to conflict - The National https://www.thenational.ae/world/the-americas/us-sanctions-libya-smuggling-network-and-pushes-for-negotiated-settlement-to-conflict-1.1060157

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