The representatives of the House of Representatives and the High Council of State in the consultations on the crisis of the Central Bank of Libya, sponsored by the United Nations Support Mission in Libya (UNSMIL), announced the continuation and expansion of the consultations.
According to a statement issued by the representatives, the extended talks will have “directives” that include seeking to agree as soon as possible on temporary arrangements for a specific period to ensure the management of the bank’s business until a new governor and board of directors are appointed.
They also said they would name a new governor for the CBL within a specific period of time, while giving the appointed governor a period of ten days to choose members of the board of directors. They stressed the importance of establishing standards of transparency, disclosure and good governance in all the CBL's activities, emphasizing the need to adhere to standards of professionalism, competence, integrity and good conduct among officials and employees.
They explained that the continuation of consultations would be with the rest of the members of the two chambers during the coming days to end the crisis based on the requirements of the political agreement, subsequent agreements and current Libyan legislation.
Meanwhile, the UN Support Mission in Libya (UNSMIL) expressed its regret that the two parties didn't reach a final agreement, while welcoming “the progress made on the principles, standards and deadlines that should govern the transitional period leading to the appointment of a new governor and board of directors for the Central Bank.”
UNSMIL stressed that all parties must assume their responsibility to address this crisis as soon as possible, as its continuation poses serious risks to the well-being of Libyans and to Libya’s relations with its international partners. It also called on the Libyan parties to prioritize Libya’s best interest and remove the Central Bank from the circle of political conflicts.
UNSMIL reiterated that “unilateral decisions taken by all parties” would undermine trust between political and security parties and perpetuate institutional divisions.
