The Central Bank of Libya has revealed the details of the meeting of the Governor of the Bank, Al-Siddiq Al-Kabir, with the Head of the Presidential Council, Mohamed Menfi, Head of the Government of National Unity, Abdul Hamid Dbeibah, and Chairman of the Board of Directors of the National Oil Corporation, Farhat bin Qadara, indicating their affirmation of the need for disclosure and transparency of all collected oil revenues, and the contractual measures taken by the NOC.
The meeting, which was held on Wednesday, dealt with the results of the meeting of the High Council for Energy Affairs, and its adoption of the NOC plan aimed at increasing production, according to the bank's statement on its Facebook account on Thursday.
The attendees expressed their support for the efforts of the National Oil Corporation, stressing the need for concerted efforts by state institutions to make the approved plan of the NOC a success.
The Presidential Council said that the meeting discussed the formation of a high financial committee, in which all Libyan parties would participate in its membership, to regulate public spending, define its priorities, and enhance transparency.
The statement stated that this measure will contribute to strengthening confidence and establishing a fair economic environment conducive to holding free and fair elections that are acceptable to all Libyans.
