Tripoli: The President of the Presidential Council, Mohammed Al-Manfi, has expressed his approval of the newly signed Unified Development Program Agreement between the House of Representatives and the State Council. He regards this agreement as a crucial move towards enhancing consensus, ensuring financial stability, and reinforcing institutional partnership in the governance of state affairs.
According to Libyan News Agency, President Al-Manfi highlighted the necessity for the Central Bank of Libya to meticulously adhere to all provisions of the agreement. This includes strict compliance with legal controls over letters of credit and the implementation of measures to combat money laundering and terrorism financing. Such compliance is vital for maintaining the integrity of financial operations, safeguarding public funds, and ensuring high standards of efficiency, discipline, and transparency.
Al-Manfi further stated his intention to oversee the agreement’s implementation closely, which he believes will promote transparency, sound planning, and the preservation of monetary reserves. This oversight is also aimed at maintaining the value of the Libyan dinar, thereby supporting good governance and sustainable development. He acknowledged the contributions of both national and international parties in reaching and facilitating the agreement, noting that its execution is essential amid the current economic and political challenges facing Libya.