The Central Bank administration, assigned by the Presidential Council, confirms that the accounts, tax fees and reserves are still as they are in the records.

Tripoli, September 18, 2024 (LANA) - The Central Bank of Libya administration assigned by the Presidential Council said that all accounts, including tax fees and reserves, are still as they are in the records and no action has been taken regarding them, considering that these procedures require approval from the competent authorities.

The bank warned in a statement today, Wednesday, that its current administration has not implemented any accounting restrictions regarding tax fees or transferring any balances or other such procedures, and calls on the regulatory authorities to review the records and systems to verify this at any time.

The bank confirmed that the data it published related to general revenue and spending is to enhance the process of disclosure and transparency, and full compliance with all regulating legislation through the data and numbers included from the financial books.

The Central Bank of Libya continued in its statement "that it has sufficient resources to extinguish the public debt, but the previous administration did not disclose this.

The bank called on all media outlets to show a sense of responsibility, not to publish misleading news and jump over facts, and to verify accurate information from its primary source, and through the bank’s approved platforms, so that we can keep this monetary institution away from any political conflicts, to be an umbrella that unites all Libyans and works professionally in accordance with the Banking Law and its amendments, according to the bank’s statement.