"The solution to the current crisis, as well as peace and reconciliation in the country, can be achieved by holding elections soon," Dbeibah said in a speech during the National Reconciliation Forum in the town of Riqdalin, some 120 km west of the capital Tripoli.
"There is a political class that took over Libya in the past years and seeks to extend (the mandate) and bring back war and conflict," Dbeibah said, noting that he had started consultations with local parties to come up with a plan to hold elections and a referendum on the constitution.
Dbeibah also accused the House of Representatives (parliament) of falsely issuing resolutions and "being responsible for the conflict and bloodshed."
The House of Representatives on Thursday unanimously voted for Fathi Bashagha, the former Interior Minister, as the country's new prime minister, replacing Abdul-Hamid Dbeibah.
Shortly after the vote, Bashagha said that he is "confident that Dbeibah's government will hand over power and adhere to the democratic path."
However, Dbeibah confirmed that his government will remain in office until elections are held, and he will only hand over office to an elected government.