Governor of the Central Bank of Libya (CBL), Siddiq al-Kabir, met Sunday with work team formed by CBL’s departments to implement plan to unify the Bank, in Benghazi and Tripoli, according to the results of the International Financial Audit Review of the Bank, said CBL statement.
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he Governor of the Central Bank of Libya (CBL), Siddiq al-Kabir, met on Tuesday with the Oil and Gas Minister of the Government of National Unity (GNU), Mohamed Awn, in Tripoli.
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The Italian Consul in Benghazi, Carlo Batori, held talks on Monday with eastern representatives of the Libyan Business Council to discuss the latter’s cooperation with Italian companies to implement the coastal motorway project.
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Libyan Economy Minister, Muhammad al Hawij, spoke of the possibility of the “safe” return of U.S. companies to Libya, to complete the pending projects, following a meeting with some representatives of the United States Chamber of Commerce.
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Mohammed al-Menfi, the chairman of the Presidential Council, has reportedly held a closed-door meeting on Thursday with Saddek Elkaber, the governor of the Central Bank of Libya (CBL), in which they agreed to reopening the banking clearing next week.
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Ali Al-Hibri, Deputy Governor of the Central Bank of Libya (CBL), denied that he had declared to some newspapers about the approval of CBL Board of Directors to open the clearing system between banks.
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Turkish President, Recep Erdogan, demanded the Prime Minister of the of the Libyan Government of National Unity (GNU), Abdul Hamid Dbeibeh, who is visiting Istanbul these days, to pay an amount of 5 billion dinars ($3.8 billion), as “debts owed from previous years, according to press sources.
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Prime Minister of the Government of National Unity (GNU), Abdel Hamid Dbeibeh, and Turkish President, Recep Erdogan, agreed to address issues of letters of guarantee for the Turkish companies contracting in Libya, and the debts accumulated for decades, according to GNU.
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The state budget proposed by the Government of National Unity, which is worth 111 billion Libyan Dinars ($24 billion), could increase inflation rate in Libya, said Musbah Akkary, a member of the Central Bank’s Exchange Rate Adjustment Committee.
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Chair of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, confirmed the Corporation’s total dependence on the Libyan Foreign Bank (LFB) regarding sales of crude oil and imported fuels.
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