Libyan parliament member Badr Al-Nahib stated that the decision to impose a tax on foreign currency sales will lead to a decrease in the dollar’s price, confirming that he submitted the proposal out of a sense of responsibility towards the citizen. He added: “I served my conscience and myself for the benefit of the citizen. If the decision is canceled, the dollar will reach 15 and 20 dinars, whereas with the tax it could stabilize at 6.5 dinars.”
Al-Nahib explained that objections to the decision came from merchants and not from citizens, indicating that the tax targets luxury goods, not essential supplies. He said: “The campaign stirred against the decision is funded by merchants who have warehouses full of oil and rice, while the citizen does not object because he knows the decision is in his favor.”
He added that the council voted on the proposal as a regulatory decision and not a law, and that if the procedures announced by the governor are not implemented, the proposal will be automatically canceled. He confirmed that the media campaign against the decision is systematic and funded daily by merchants.
Al-Nahib concluded by saying: “We have not yet begun implementing the decision, yet there are those who object because they benefit from the current situation, where they obtain dollars but do not bring in goods with them, and this opens the door to chaos.”
