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Home » US: Reunification of Libya’s central bank “step critical” to economic stability

US: Reunification of Libya’s central bank “step critical” to economic stability

Monday, August 21, 2023 Economy 1 Min Read
(Exclusive) US envoy pushes for Libyan presidential elections delay

The United States welcomed on Sunday the announcement of the reunification of the Central Bank of Libya (CBL), which it described as “a step critical to Libya‘s economic stability and development.”

“This show of unity sets an important example for reconciliation across all state institutions to build the groundwork toward elections,” said the U.S. Embassy via X (formerly known as Twitter).

“We encourage CBL leadership to follow today’s productive meeting with concrete measures toward full integration of financial and oversight systems, including by activating the CBL board, strengthening the AML/CFT regime, and addressing past counterfeit currency issuance and parallel spending.”

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Previous ArticleDbeibeh hails reunification of Libya’s central bank as “important milestone”
Next Article Haftar follows up on security work progress

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FAO Holds Session in Sebha to Promote Groundwater Conservation and Protect Water Reserves...
https://libyaupdate.com/fao-holds-session-in-sebha-to-promote-groundwater-conservation-and-protect-water-reserves/

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Report: UN-African Coordination on Libya Meets Obstacles from Internal Complexities and ...Multiple Power Centers

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The Deputy Commander-in-Chief of the Armed Forces, General Saddam Haftar, met with the ...Greek Prime Minister, Kyriakos Mitsotakis, in the capital, #Athens, during an official visit to the Hellenic Republic.

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