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Home » Libyan HoR, HCS reach important understandings on Central Bank crisis, says UN

Libyan HoR, HCS reach important understandings on Central Bank crisis, says UN

Wednesday, September 4, 2024 Economy 1 Min Read
Libyan HoR, HCS reach important understandings on Central Bank crisis, says UN
(AP Photo/Yousef Murad)

The House of Representatives (HoR) and High Council of State (HCS) have reached important understandings on the crisis of the Central Bank of Libya (CBL), according to UN Support Mission in Libya (UNSMIL)

“Following consultations hosted by UNSMIL) at its headquarters in Tripoli on Monday and Tuesday, the representatives of the House of Representatives (HoR) and High Council of State (HCS) reached important understandings on the crisis of the Central Bank of Libya (CBL), particularly on the mechanism and timelines for appointing the CBL Governor and Board of Directors,” UNSMIL said in a statement.

The representatives of the two chambers requested an additional period of five days to complete their consultations towards a final consensus on the arrangements of the management of the CBL until a new governor and board of directors are appointed.

 

As UNSMIL commended “the climate of cooperation that prevailed in the consultations with the representatives of both chambers on the one hand and the representative of the Presidential Council on the other,” and called on “all parties to fulfill their obligations, refrain from any unilateral decisions and actions, and intensify efforts to reach an agreement without any delay.”

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