(MENAFN- Gulf Times) Chairman of the Presidential Council of Libya Mohamed Al Menfi called on the international community to support his country's efforts to implement genuine structural reforms and contribute to launching sustainable development projects.

Speaking at the 4th International Conference on Financing for Development in Seville, Spain, Al Menfi said that despite Libya's vast natural resources, promising sovereign wealth fund, and strategic location, the country still needs effective international partnerships to overcome its crisis. He highlighted the importance of supporting political stability, enhancing investment, and directing funding toward sustainable projects in education, healthcare, renewable energy, and diversifying the Libyan economy.

Chairman of the Libyan Presidential Council stressed that the country is going through a pivotal phase in its history, pointing to the major challenges it has faced in recent years, from political, economic, and security crises to the Storm Daniel disaster that struck the city of Derna and its surrounding areas.

He also emphasized that the Libyan people remain hopeful and determined to build a prosperous and stable future.

Al Menfi expressed hope that the Seville Commitment would constitute a genuine starting point toward a more just and equitable global financial system that meets the needs of developing countries, alleviates debt burdens, and supports security, development, and stability in Libya, the African continent, and the world as a whole.

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