The Libyan Investment Authority (LIA) has denied any impact on its assets and funds resulting from the ongoing crisis at the Central Bank of Libya (CBL).
Louay Al-Qariou, media advisor for the LIA, stated that the institution remains unaffected by the central bank’s issues, emphasizing its independent legal and financial status as defined by law.
The official emphasized that the crisis has not disrupted the LIA’s plan, submitted to the UN Security Council, for a partial lifting of asset freezes.
The LIA remains committed to generating stable, competitive returns over the long term, with investments across a range of sectors and regions, Al-Qariou added.
Economy