Fragile endeavor to solve the crisis between Al-Kabir and Sanalla

These days, memories take us back to four years ago, when efforts emerged at that time to unify the work of the Board of Directors of the Central Bank of Libya, specifically in 2016 after two meetings organized in Tunisia at the time, but to no avail, in addition to another meeting sponsored by the United States organized in January of 2019, yet without achieving any tangible results.

We saw this issue being repeated this time after a lengthy meeting that was called by the Head of the Presidential Council of Heads of Institutions concerned with economy and control, which was held on Tuesday, in the presence of the Governor of the Central Bank, Al-Siddiq Al-Kabir, the Head of the Oil Corporation, Mustafa Sanallah, Minister of Finance Faraj Boumtari, and the Head of the Audit Bureau Khaled Shakshak, as well as others.

They held the meeting and called for a meeting for the two administrations of the Central Bank of Libya without specifying the date.

Observers described the statement issued after the meeting as fragile and does not contain any specific dates for work to unify monetary policy in Libya.

They wondered about the guarantees this time that would make my the leadership of Al-Kabir, and Ali Al-Habri sit at the same table and take a number of measures, the most prominent of which may be the unification of the exchange rate, coinciding with the continued decline in the value of the dinar against foreign exchange on the black market.


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