Following consultations hosted by the United Nations Support Mission in Libya (UNSMIL) at its headquarters in Tripoli on Monday and Tuesday, the representatives of the House of Representatives (HoR) and High Council of State (HCS) reached important understandings on the crisis of the Central Bank of Libya (CBL), particularly on the mechanism and timelines for appointing the CBL Governor and Board of Directors, UNSMIL said in a statement.
UNSMIL said the representatives of the two chambers requested an additional period of five days to complete their consultations towards a final consensus on the arrangements of the management of the CBL until a new governor and board of directors are appointed.
The Mission reminded all Libyan stakeholders of the adverse impacts of the ongoing CBL crisis on the livelihood of citizens and on the confidence of international financial institutions in the Libyan banking system.
UNSMIL has said that as it commends the climate of cooperation that prevailed in the consultations with the representatives of both chambers on the one hand and the representative of the Presidential Council on the other, it calls on all parties to fulfill their obligations, refrain from any unilateral decisions and actions, and intensify efforts to reach an agreement without any delay.
A statement issued at the end of Tuesday’s consultations by representatives of the House of Representatives and the High Council of State reiterated their commitment to the understandings reached over the course of the two days. They reaffirmed their commitment to taking all necessary measures to appoint a governor and board of directors for the Central Bank of Libya within 30 days of this agreement based on Article 15 of the political agreement.
These outcomes were signed by House of Representatives' member Al-Hadi Al-Saghir and High Council of State's member Abdul Jalil Al-Shawish.
Earlier on Tuesday, Al-Siddiq Al-Kabir revealed the existence of positive signs that could lead to resolving the crisis surrounding the Central Bank, stressing his readiness to return to his duties as governor of the CBL.
He said in an interview with Bloomberg from Istanbul that "reaching an agreement seems imminent to resolve the conflict and allow the resumption of vital oil production," explaining that "there are strong indications that the political factions are close to signing an agreement to overcome the current deadlock."
