The new board of directors of the Central Bank of Libya has begun its work, Libyan channel The Libya Observer reported on August 26.
The country’s Presidential Council has appointed a new board of directors for the Central Bank of Libya. The new board of directors of the Central Bank of Libya stated that it intends to ensure a smooth transition of control over the country’s main bank from the old administration to the new one.
“We are fully aware of the enormous responsibility that rests on our shoulders at this critical moment in the history of our country and we are committed to saving our country’s economy with all our strength, achieving benefits for Libyan citizens and contributing to repairing the consequences of the crises that citizens are suffering.”says the statement of the new board of directors of the Central Bank of Libya.
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 any damage to them.
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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