The Presidential Council (PC) has emphasized that since it came into office it has been making concrete efforts to consolidate the Libyan sovereign institutions, in particular, the Central Bank of Libya (CBL).

In a statement on Tuesday, the PC noted its efforts to convene a meeting for the bank’s governing board and work beyond politics, in order to manage monetary policy, being one of the most important levers of general economic policy.

The PC welcomed the calls made by international bodies to end the division in the institutions referred to and to get the CBL board members to meet, in order to perform their identified functions.