The Supreme Financial Committee of Libya has vowed to continue pursuing fair distribution of the country’s financial resources, according to a statement released on Wednesday.
The powerful committee said unifying the Central Bank of Libya represents a major positive step that will directly assist its efforts and help ensure the implementation of the committee’s fiscal decisions going forward.
“Restoring Libya’s unity and achieving stability are now within reach thanks to the committee fulfilling its national duties and obligations towards the Libyan people,” the statement read.
Comprised of 17 members, the cross-sectional committee was formed in early July by the Presidential Council and is chaired by the council’s president. It aims to oversee public spending and financial arrangements.
The committee represents the Government of National Unity, House of Representatives, Supreme State Council, the General Command, both Tripoli and Benghazi branches of the Central Bank, the Audit Bureau, the Administrative Control Authority, and the National Oil Corporation.
In its statement, the committee called on all political and societal factions to support its mission by fully complying with its directives and instructions. It emphasized the enormity of its responsibility to guarantee all Libyan citizens can equitably benefit from the country’s national wealth and resources.