Joint Presidency Committee of the Working Team on economic Affairs in Libya Calls on Board of Central Bank of Libya to Unify rate of exchange.

Tripoli, 2 December 2020 (Lana) The Joint Presidency Committee of the Working Team on Economic Affairs in Libya Calls on the Board of Central Bank of Libya to convene a meeting as soon as possible to unify the rate of exchange, and address the deteriorating economic situation. The announcement was made following the committee's meeting Tuesday in the presence of Libyan economic experts and participation of the deputy Special Representative to the UN Secretary General to Libya, Stephaney Williams and ambassador of the USA, EU, and Egypt to Libya. The statement, posted on UNSMIL website, stressed the need 'to reach a new consensual arrangement that places Libya on the right path towards political stability, economic revival and comprehensive prosperity'. According to the statement, the committee support the National Oil Corporation in its response to the calls of all Libyans to freeze the oil revenues as an exceptional and provisional measure under non-political administration, until negotiations among Libyan parties on more sustainable and durable economic arrangements whether on provisional and temporary bases or with the context of the long term Libyan Political Dialogue Forum. =Lana=