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Al-Sarraj is in “no turning back” dispute with Governor of Libya’s Central Bank in Tripoli

Wednesday speech by the Head of the Presidential Council, Fayez Al-Sarraj, included several points, and perhaps the most important of which was the relationship between the Government of National Accord or the Presidential Council specifically and the Central Bank of Libya in Tripoli, which is headed by Al-Siddiq Al-Kabir since his appointment by the National Transitional Council.

Al-Sarraj stated Wednesday in his televised speech that he and his government had reached a deadend with the central bank, and that they do not know what is going on in the lobbies of the central bank.

He added that the policies of the Central Bank had seen many crises, starting with the budget, to the system of letters of credit, and the payment of salaries.

Al-Sarraj appeared in his statement as if he wanted to mobilize Libyans to use them on his side against the governor of the Central Bank, which rejects such a behavior and the reason for this is to ensure the financial sustainability of the state and the preservation of cash reserves for the future of Libya.

Yet, the disagreement increased and the dispute aggravated, making it clear that the conflict moved from the level of closed meetings to the media in public.

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