tripoli square behind libya central bank black market dealers arm carry small plastic bag fill dollars large ones dinars one many informal exchange traders buy food goods abroad official rate sell unofficial one pocket vast profit others make equally large sum smuggle heavily subsidize fuel back streets old city meanwhile ordinary people resort sell jewelry dollars hide home six years post-dictatorship chaos take toll pay four months say fatima 40 southern city sabha sell three small gold charm pay diabetes treatment sister hasina add helpless nothing else sign rise poverty elderly women beg motorists cash tripoli streets families queue charity food handouts u.n. estimate 1.3 million people libya need humanitarian assistance year situation take another turn bad past two weeks black market rate dinar long languish record low slide fuel inflation already around 25-30 percent central bank blame audit bureau u.n.-backed government restrict letter credit fund basic supply divide country security vacuum smuggle network destabilize wide region officials come across suspect request one import tuna worth 120,000 country consume year accord libyan entrepreneur decline name fear retribution libya powerful arm group 2.5 billion expect 7.4 billion credit allocate trader say help knock dinar around 8.5 9.25 dollar black market value fall 600 percent since early 2014. economy ministry immediately available comment complex credit system pass commercial bank audit bureau document early abuse lack oversight talk extremely bad economic financial situation central bank governor sadiq al-kabir say rare news conference tuesday everyone whether legislative executive hold responsibility equally traders economists say political uncertainty major factor weaken currency u.n. talk broke deal rival factions currently suspend libya struggle fund food import defend foreign reserve world bank estimate stand 67.5 billion end year compare 123.5 billion 2012. international experts say way resolve issue devalue dinar official exchange rate 1.37 dollar agree economic strategy country dominate arm factions rival governments budget simple task powerful well-connected minority profit flourish shadow economy little interest change central bank comment devaluation economists diplomats say bank reluctant devalue without policy plan place deal result shock libya manage year lift oil production million barrel day output stick well level 2011 uprise topple muammar gaddafi revenues normally account 80 percent gross domestic product largely use pay salaries include arm factions add state payroll role uprise subsidies include billion-plus annual fuel subsidy among generous world premiums official exchange rate subsidize fuel make libya criminal terrorist cross-border fund paradise say husni bey chairman hb group one libya big private firm instability libya today criminal nature ... due lack equitable exchange rate libyan dinar subsidies must change goods direct cash contributions last year libya spend around 26 billion earn billion year estimate revenues increase around 14 billion spend likely double say mark griffiths libya mission chief international monetary fund sustainable government seek reduce public salary bill billion dinars annually clamp abuse remove 100,000 people claim several salaries accord finance ministry report libyans become use plentiful public job state handouts gaddafi seek buy loyalty like middle eastern oil producers migrant workers use manual work libyans without contact take place salman rashid public servant say receive three months-worth pay past year enough basic need say work construction sit build maintenance entrepreneurs withdraw deposit bank fear employees leak word kidnappers others also prefer keep money home second shop old city woman give name karima change 500 euros need go tunis surgery sell foreign currency hold say time difficult shop owner salahedin zarti 52 say 10 people come daily sell necklaces bracelets ring begin every day think people start run jewelry say libyans swap jewelry medical treatment crisis bite