5 more days to end the Central Bank crisis, and Al-Kabeer does not rule out his return

by times news cr

The United Nations Mission in Libya announced extending the consensus period by 5 days to complete consultations to appoint a new governor and board of directors for the Central Bank, based on the request of representatives of the House of Representatives and the State Council.

The mission called on all parties to fulfill their obligations, refrain from any unilateral decisions and actions, and ensure that efforts are intensified to reach an agreement without delay.

The mission also reminded all Libyan parties of the negative impacts of the ongoing Central Bank crisis on the daily lives of citizens and on the confidence of international financial institutions in the Libyan banking system.

“The big one is waving back”
For his part, the Governor of the Central Bank of Libya, appointed by the House of Representatives, Al-Siddiq Al-Kabeer, said that there is an imminent agreement to end the crisis of the Central Bank of Libya and resume oil production.

In statements to the American Bloomberg Agency, Al-Kabir expressed his readiness to return to Tripoli as part of the solution, indicating that he will return if the parties sign the agreement to end the bank crisis.

Concessions and understandings
The representative of the House of Representatives in the meeting to resolve the Central Bank crisis, Al-Hadi Al-Saghir, had stated to the Free Libya that concessions were being made by both parties, indicating the possibility of merging and joining the boards of directors of the old and new Central Bank.

The UN mission had previously announced that the representatives of the House of Representatives, the State Council, and the Presidential Council had achieved “important understandings” regarding ways to resolve the crisis surrounding the Central Bank and restore the confidence of Libyans and international partners in this vital institution.

The mission hosted separate talks between representatives of the House of Representatives and the High Council of State on the one hand, and the Presidential Council on the other hand, on the central bank crisis.

Source: UN mission + Bloomberg + Libya Al-Ahrar


2024-09-06 01:38:29

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