The United States welcomes the appointment of the Board of Directors of the Central Bank of Libya

by times news cr

The United States of America welcomed the appointment of a new board of directors for the Central Bank of Libya, noting that it is a decisive step towards strengthening the bank’s governance and credibility in the eyes of the international financial community.

The US Embassy in Libya issued a statement saying that the independence of the Central Bank and its technocratic integrity are vital to achieving stability and prosperity in Libya.

The United States stressed the need not to politicize the basic technocratic institutions in Libya or subject them to pressure.

The statement stated that the United States commends the efforts of the United Nations Support Mission in Libya in helping Libya make progress in this field.

Yesterday, in a statement, the UN mission also welcomed the appointment of a new board of directors for the Central Bank of Libya, following the House of Representatives’ announcement of the adoption of the list of board members referred to it by the bank.

The House of Representatives reported the appointment of Fakher Boufarna, Osama Al-Saadi, Fawzi Boukhazam, Ali Omran, Reda Qarqab, and Amer Karkar, as members of the bank’s board of directors.

On September 25, the UN mission officially announced that representatives of the House of Representatives and the State had reached a settlement regarding the Central Bank crisis. The two parties signed in initials an agreement regarding the procedures, standards, and timetables for appointing a governor, a deputy governor, and a board of directors for the Central Bank of Libya.

Source: US Embassy

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