Tripoli – Masad Boulos, the United States’ Senior Advisor for Arab and African Affairs, emphasized the importance of fully implementing Libya’s first unified budget in 13 years. He stressed the need to safeguard the independence and integrity of the Central Bank of Libya, the Audit Bureau, and the National Oil Corporation, describing them as vital institutions supporting the country’s economic and financial stability.
Boulos, in a post shared by the U.S. Embassy in Libya on X, said he held productive talks with Central Bank Governor Nagy Issa, Audit Bureau Chairman Khaled Shakshak, and National Oil Corporation Chairman Masoud Suleiman. Their discussions focused on the need to execute the unified budget.
He noted that these technocratic institutions play a key role in keeping Libya connected to the international financial system and generating revenues crucial to the prosperity of all Libyans, while also promoting accountability and transparency.
Boulos added that protecting the independence and integrity of the Central Bank, the Audit Bureau, and the National Oil Corporation is essential.