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EU reiterates support for efforts to reunify Libya’s Central Bank

The Head of the European Union Mission to Libya, Jose Sabadell, stressed the need to preserve the unity and independence of the country’s sovereign economic and financial institutions, noting the EU’s readiness to provide all technical assistance for the reunification of the Central Bank of Libya.

These remarks came after the Head of EU Mission’s meeting with the Deputy Governor of the Central Bank of Libya, Ali Al-Hibri, on Tuesday in Benghazi, where they discussed the issue of unifying the central bank with the help of the international financial auditing company, Deloitte, in addition to the problems facing the bank, including liquidity management, bank balances, bank clearing and public debt.

In the meantime, Al-Hibri stressed the need to hold a meeting of the central bank’s board of directors as soon as possible after reviewing the financial and economic situation of the state in general, the most important challenges in this situation, and ways to find proposals and short and long-term measures to solve them.

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