According to the ministry, the funds will finance key sectors, including health, education, transport, energy, local government services and preparations for the 2027 Africa Cup of Nations (AFCON).
Locetta called for the full implementation of the 4+4 agreement and urged the new House of Representatives leadership, selected on October 6 under Speaker Abdulnabi, to cooperate with UNSMIL (United Nations Support Mission in Libya) and finalise electoral reform laws without delay. She also expressed concern over the High Council of State’s rejection of the 4+4 agreement, urging the body to honour its commitment.
Hosein brings experience from the technology sector, having been among the early engineers at EMC Corporation, where he contributed to the development of data-storage infrastructure that supported the global information economy. EMC grew into a major technology company with more than 55,000 employees worldwide before becoming part of Dell Technologies in 2016.