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The United Nations Mission in Libya welcomes the appointment by the House of Representatives of the Governor of the Central Bank of Libya and his Deputy.

Pulbished on:

Benghazi, September 30, 2024 (LANA) - The United Nations Support Mission in Libya welcomed the House of Representatives' approval of the candidates for the position of Governor and Deputy Governor of the Central Bank of Libya in consultation with the High Council of State.

The mission called in a statement published on its website on all concerned parties to ensure a smooth handover process to the new leadership of the Central Bank of Libya, in line with the laws and procedures in force in Libya.

The mission also urged in its statement to proceed with the appointment of a credible and professional Board of Directors in accordance with the provisions of the September 25 agreement.

The mission said that the presence of competent and accountable leadership for the Central Bank of Libya, including a Board of Directors, is essential to restore confidence to the Libyan people and enhance the bank's credibility within the global financial system, and it also raises hope for governance based on transparency and accountability in managing the resources of the Libyan people.

 The mission's statement called on all relevant institutions to withdraw all unilateral decisions issued in the context of the Central Bank of Libya crisis, stressing the urgent need to end the closure of oil fields and stop disrupting its production and export.

The United Nations Support Mission in Libya called for directing revenues from this vital resource, through the appropriate institutional framework, to the Central Bank, according to the text of the statement.

The mission said that the progress made in resolving the Central Bank of Libya crisis, including the constructive engagement of the House of Representatives and the High Council of State, revives hope for future progress on a comprehensive political process, under the auspices of the United Nations, that will lead the country to general elections. The mission remains committed to supporting Libya's path towards sustainable peace, stability and economic recovery.

..(LANA) ....