What is happening at the Central Bank threatens to completely paralyze the economy!

by times news cr

Tension is still the master of the situation, as the capital, Tripoli, is in a state of chaos, after the crisis of the Central Bank of Libya, and attempts to storm it by force.. So what does the scene look like in Tripoli today, and where are things heading?

Regarding this and what is happening in the Central Bank, businessman and economic expert Hosni Bey told the “Ain Libya” network: “A mistake cannot be treated with another mistake, which results in wrong reactions that harm the country and the citizen without exception, and a few benefit from the crisis.”

Hosni added: “What is happening in the Central Bank also has economic repercussions that will have dire results, and their extent depends on the continued implementation of what he threatened to do, from closing the entire system of the Central Bank of Libya to stopping oil exports.”

The Libyan businessman added: “All these reactions and measures portend a complete paralysis of the economy and harm to the country and the citizen.”

Hosni concluded by saying: “We hope that the House of Representatives and the State, who denounce the Presidential Council’s decision, will decide on their options based on the Banking Law No. 46, Article 16 of 2012, regarding amending some provisions of Law No. (1) of 2005 regarding banks.”

Last updated: August 27, 2024 – 06:50


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2024-08-29 03:35:30

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