Tripoli: The Central Bank of Libya (CBL) has expressed its readiness to address criticism and clarify its performance in response to an invitation from the Speaker of the House of Representatives. The Governor, his Deputy, and members of the Board of Directors have affirmed their willingness to attend a public session aimed at presenting performance reports and addressing what they describe as “misinformation.”
According to Libyan News Agency, the CBL’s announcement followed comments made during a House of Representatives session held on October 20. The session focused on discussing the bank’s statement from October 14, where representatives highlighted the need to summon the CBL officials to discuss the institution’s policies and the ongoing liquidity shortage issues.
The CBL has stated that it has yet to receive an official invitation for the Governor, his Deputy, or Board members to attend the session. Nevertheless, the bank has welcomed the opportunity to address questions and criticisms with transparency and responsibility. The CBL emphasized its commitment to maintaining open communication with legislative authorities and the public to enhance trust and clarify facts for the Libyan people.
The House of Representatives, during its recent discussion of the CBL’s latest statement, voted unanimously to summon Governor Naji Issa and Deputy Marai Al-Barassi. Several representatives criticized the CBL’s management of the liquidity shortage and the rising exchange rates of foreign currencies against the Libyan dinar.