The Board of Directors of the Central Bank of Libya, assigned by the Presidential Council, announced that it has fully assumed the management of the bank, and is committed to a smooth transition, warning against “attempts at disruption by the previous administration.”
The Board of Directors stressed in its statement the need to save the Libyan economy, achieve benefit for the citizens, and contribute to addressing what it described as “the effects of the fabricated crises whose burdens are tolerated by the Libyan citizens.”
The Head of the Presidential Council, Mohammed Menfi, assigned Abdulfattah Ghaffar to temporarily assume the duties of the Governor of the Central Bank of Libya, with the task of completing the handover procedures until the return of the appointed governor, Mohammed Al-Shukri, or the election of a new governor.
Menfi also called on the appointed governor to “implement the financial arrangements until an agreement is reached on the unified budget.”
