Libya’s Sirte Municipality Demand Tripoli-based Central Bank to Provide Lacking Liquidity

Major of Sirte's municipality Mukhtar Al-Maadani addressed today a paper to the state-owned Central Bank of Libya (CBL), triggered by a serious lack of cash that the banks has been experiencing over the past six months. In his addressing, Mukhtar Al-Maadani called on March 13d on the CBL's governor Sadiq Al-Kabir to instruct the trade … Continue reading Libya’s Sirte Municipality Demand Tripoli-based Central Bank to Provide Lacking Liquidity

Sarraj Call For Foreing Supervision Welcomed Abroad, Draws Criticism In Libya

The statement issued by the office of the Head of the Presidential Council Fayez Al-Sarraj calling the UN and its Security Council for international supervision of the Central Bank activities received a positive response abroad. In the final statement, issued by NATO after the Brussels meeting closed July 12th, the member states welcomed the commitment … Continue reading Sarraj Call For Foreing Supervision Welcomed Abroad, Draws Criticism In Libya