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Libya’s State Council has called on the country’s parliament to urgently elect the head of the Central Bank

Libya’s State Council has called on the country’s parliament to urgently elect the head of the Central Bank

Libyan Presidential Council Chairman Mohammed Menfi has called on parliament to elect a new governor for the Central Bank of Libya, Libyan channel The Libya Observer reported on August 27.

According to Menfi, the Libyan parliament, in agreement with the country’s Supreme Council of State, should appoint a new head of the board of directors of the Central Bank of Libya. The priority is to maintain the independence of the Central Bank, reduce inflation and ensure liquidity.

According to Menfi, the era when the Central Bank of Libya was controlled by a single person is over.

Menfi said national responsibility requires everyone to resolve differences, no matter how serious, internally through unconditional dialogue based on sovereignty and the rejection of external dictates.

Recall that on August 18, 2024, the Libyan Presidential Council announced that it had decided to remove the head of the Central Bank of Libya, Siddiq al-Kabir, from office. The Presidential Council said that the decision was taken unanimously by all its members as part of the national responsibility to preserve the country’s resources and prevent them from causing harm.

We also recall that in protest against the decision of the Libyan Presidential Council, the country’s alternative government blocked all oil fields in Libya.

Source: Rossa Primavera

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