The Deputy Governor of the Central Bank of Libya, Ali Al-Hibri, stated that 50% of the cash reserve has been spent since 2011 due to wars, political conflicts and the government deficit in the general budget.
Deputy Governor of the Central Bank of Libya (CBL), Ali Al-Hibri, has accused “the current political class” in Libya of not showing any interest in the future of the country’s economy.
The Economic Working Group of Libya, convened a plenary meeting on 15 December to discuss the progress of reunifying the Central Bank of Libya with Governor Saddek El-Kabir and Deputy Governor Ali El-Hebri, the United Nations Mission in Libya (UNSMIL) said on Friday.
The Governor of the Central Bank of Libya (CBL), Siddiq al-Kabir, has agreed with the Deputy Governor of the Central Bank of Egypt, Jamal Najm, to set a framework for joint cooperation.
See more:
Representatives of the Central Bank of Libya (CBL) and Banque de France met in Paris to discuss cooperation on micro-finance management and investment, CBL said in a statement on Sunday.
Senior officials at the Central Bank of Libya (CBL) and the International Monetary Fund (IMF) held a virtual meeting on Wednesday to discuss the economic situation in Libya, according to a statement by the central bank.
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.
Informed sources confirmed that the Governor of the Central Bank of Libya (CBL), Siddiq Al-Kabir, had been seeking for some time to open the file of compensation for Turkish companies without even requiring them to resume work in exchange for successive compensation payments.
Peter Millett, the former British ambassador to Libya, is alleged to be working as an advisor for Saddek el-Kaber, the governor of the Central Bank of Libya (CBL), with a monthly fee of £16,500 ($22,939), a document shows.
Deloitte has finalized its audit review of the eastern and western branches of the Central Bank of Libya (CBL). A report of the review, which addresses a number of financial issues, was submitted to the Libyan government on Wednesday.