The Ministry of Foreign Affairs of the Government of National Unity welcomed the statement of its US counterpart regarding the Central Bank of Libya, considering it a positive step toward unifying and reforming the Central Bank.
The Ministry said in a statement on Saturday: "This reflects the United States' commitment to supporting financial stability and enhancing transparency in our financial institutions," expressing its understanding of the concerns regarding what it described as the campaigns of distortion and lies targeting Libyan state institutions.
"We agree that these concerns will end once those campaigns disappear and all ranks are unified behind our national institutions," the statement said, adding that it fully realizes the increasing need to scrutinize financial transactions during the transitional stages of monetary institutions, and consider these protocol procedures necessary to ensure transparency and accountability."
"We are pleased with the announcement of the new Board of Directors to assume its duties smoothly and directly activate the various systems as well as the response that the new administration has received from the international banking system, after nine years of the absence of governance and individual work, which has been a basic requirement for all concerned international organizations."
The Ministry of Foreign Affairs stressed its commitment to respecting Libya's sovereignty and continued confidence in the US dollar as well as US institutions, especially in light of the current challenges, tensions and struggle for influence in Africa. The Ministry also expressed its aspiration to enhance bilateral cooperation with the US to achieve stability and sustainable growth in Libya.
The State Department of the United States (US) said in a statement on Saturday that after more than a week of confusion over the leadership of the Central Bank of Libya (CBL), Libyan actors should take steps to maintain the credibility of the CBL and find a solution that would not further damage its reputation and engagement with the international financial system.
The statement adds that uncertainty created by recent unilateral actions has led the US and international banks to reassess their relationships with the CBL and, in some cases, pause financial transactions until there is more clarity on the legitimate governance of the CBL.
