Libya central banks to reunite after 7-year split macaubusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macaubusiness.com Daily Mail and Mail on Sunday newspapers.
Libya's rival central banks said on Monday they had reached a reunification deal, seven years after they divided as conflict tore the country apart.
The origin
Tripoli, November 30, 2021 (LANA) - Minister of Interior Khaled Mazen discussed today, Tuesday, with the Special Envoy of the Secretary-General of the United Nations, the Head of the United Nations Support Mission in Libya,
Libya’s central bank, long split into two branches due to war, took delivery of a long-awaited audit on Thursday in a key step towards reunifying the country’s divided institutions.
The bank, which manages the North African country’s vast oil revenues, had been severed in 2014 as the complex civil war gave rise to rival administrations in the east and west.
Last year, even ahead of an October ceasefire on the ground, consultancy Deloitte International was charged with auditing the two branches ahead of reunification, as part of a United Nations-led roadmap.
On Thursday, UN envoy Jan Kubic presented the audit to Libya’s interim Prime Minister Abdulhamid Dbeibah at a ceremony in Tripoli.
By Sami Zaptia.
London, 16 January 2021:
Seventy percent of the Libyan Political Dialogue Forum (LPDF) roadmap has been accomplished, and ‘‘significant progress’’ has been made in the ongoing Advisory Committee talks, UNSMIL Spokesperson Jean Alam said during a press briefing yesterday on the ongoing LPDF Advisory Committee talks taking place in Geneva.
In what sounded like a farewell roundup of UNSMIL progress made specifically under Acting head Stephanie Williams in view of news of the appointment of Ghassan Salame’s successor, Jan Kubic, Alam gave a roundup of the progress achieved so far by UNSMIL in the other various tracks too.