Libya

Libyan Presidential Council Announces Appointment of New Governor

Libyan Presidential Council Announces Appointment of New Governor

The Libyan Presidential Council announced today, Sunday, the appointment of a new governor and the formation of a new board of directors for the central bank, in a move described by the council as a unanimous decision. The council clarified in its statement that this decision comes within the framework of the national responsibility to safeguard the country's resources and prevent any harm to them.

Additionally, the council noted that these changes aim to enhance the central bank's ability to perform its duties efficiently and effectively, ensuring the continued provision of financial services and achieving economic stability in the country. In this context, the Presidential Council reassured the international community that this step is part of strengthening governance and institutional stability in Libya.

The statement emphasized the government's commitment to cooperating with all international partners to ensure the implementation of these changes in a manner that serves the interests of the Libyan people and enhances the climate of trust both domestically and internationally. The statement concluded that the government will initiate negotiations to ensure a peaceful transition among distinguished national competencies that have exerted tremendous efforts for many years.

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