Governor of the Central Bank of Libya (CBL, who has been temporarily appointed by the Presidential Council, Abdel Fattah Ghaffar, announced that his team would distribute public salaries within a day or two (before weekend), pledging a no-delay policy in the future.
Ghaffar confirmed, in a press conference Tuesday from inside the headquarters of the CBL, that the new board of directors “respects the judiciary and that it will implement the rulings it has issued against imposing the dollar tax in the near future.”
He also explained that banking services would return after a large percentage of the CBL employees join work, stressing that 90% of employees “will join starting Wednesday”.
He reassured “all international and local parties,” that the new administration would work as an institution and not as individuals. Ghaffar also explained that his team members “are currently working to provide commercial banks with cash,” and stressed their complete readiness to hand over duties to any new board of directors that would be agreed upon by all parties.
He also confirmed that the handover process between the two administrations took place with complete simplicity and smoothness, saying that no acts of sabotage occurred while they were taking over the CBL. He stated that they had contacted the International Monetary Fund and the World Bank, assuring them of the board’s commitment to local and international legislation.
Ghaffar announced that the period for accepting the 50 dinars banknote would be extended and that a full meeting of the CBL’s Board of Directors would be held on Wednesday, regarding the banknote.
