“Attempting to replace the leadership of the CBL by force can result in Libya losing access to international financial markets,” Norland says.

Tunis, 13 August 2024 (Lana): U.S. Special Envoy to Libya, Richard Norland, considered that attempting to replace the leadership of the Central Bank of Libya (CBL) by force could result in Libya losing access to international financial markets.

This came during the meeting of the Governor of the CBL, Al-Siddiq EL-Kabeer, yesterday in Tunis with Norland, who discussed the concerning armed group mobilizations around CBL headquarters, according to a tweet by Norland.

“The emergence of yet another set of confrontations between armed groups in recent days highlights the ongoing risks posed by the political stalemate in Libya. Threats to the security of the CBL staff and operations are unacceptable,” Norland said.

“Like Libya's other sovereign institutions, the CBL's integrity must be protected. In this case, attempting to replace the leadership of the CBL by force can result in Libya losing access to international financial markets,” he stated.

“Disputes over the distribution of Libya's wealth must be settled through transparent, inclusive negotiations toward a unified, consensus-based budget,” he added.

=Lana=