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Libyan Newswire

Governor of Central Bank of Libya: All state institutions should shoulder responsibility and consequences of financial crisis

Tripoli, 23 April 2017 (Lana) Governor of the Central Bank of Libya, Al-Sadeeq Al-Kabier, said the country is experiencing a financial crisis and all state institutions should shoulder their legitimate and national responsibilities based on their specialties and mandate. The governor explained at a press conference; Sunday that we should not blame all responsibilities on one party which the Central Bank of Libya, which has not been mandated a leadership role enabling it to draw state public policies. He said the legislator was anxious to make the Central Bank of Libya an independent institutions to protect it from disputes and interventions, however. the bank is still filling the vacuum and made it incumbent by public interest to lift the hardships of the Libyan citizens. Al-Kabier said the Central Bank of Libya as an institution preserved its presence, cohesion, neutrality, performance and respect at international level, and follows up and interacts and assesses work of this institution to safeguard our assets from freezing.

Source: Libya News Agency

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