Libyan Investment Authority announces assets valuation results

The Libyan Investment Authority (LIA) announced Wednesday, in a ceremony in Tripoli, the final valuation of its 2019 assets that was done by Deloitte international auditing firm, saying the assets amounted to 68.4 billion dollars.

The ceremony was held in the presence of the Libyan Prime Minister, Abdul-Hamid Dbeibah, the Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, and other officials from administrative, financial government authorities.

LIA said the process and efforts of this valuation included all investments and assets related to the fund in cooperation with Deloitte firm, adding it had succeeded in preserving the assets despite the ongoing conditions and lost investment opportunities.

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