Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, welcomed on Sunday the announcement of reunification of the Central Bank of Libya.
“This is an important milestone in order to enhance the performance of this important sovereign institution,” he said in a statement published on the government’s media office.
He affirmed his “continued commitment to integration and strengthening the transparency and disclosure procedures adopted by our government.”
The division dates back to a 2014 power struggle that saw Libya divided between a United Nations-recognized government in Tripoli and a challenger in the east. The division impacted issues including the foreign-exchange rate and allocation of oil wealth in a country that’s home to Africa’s largest proven reserves.