Tag: Libyan central bank
Emerging Markets Finance Headlines Libya

US Firm picked to oversee Libyan Central Bank’s financial transactions

North Africa PostComments Off on US Firm picked to oversee Libyan Central Bank’s financial transactions

A new phase in Libya’s financial oversight has been initiated through the appointment of the American advisory firm K2 Integrity, which has been tasked with monitoring the financial transactions of the Central Bank of Libya’s (CBL). The decision, reportedly made under pressure from Washington, aims to enhance transparency and curtail systemic corruption within Libya’s financial […]
Business Finance Headlines Libya

Libya’s Central bank under some international pressure to cut off funding for Dbeibeh-led Cabinet

North Africa PostComments Off on Libya’s Central bank under some international pressure to cut off funding for Dbeibeh-led Cabinet

The governor of the Libyan central bank, Saddek El-Kaber, is being pressured by some international parties to cut off financing for the Government of National Unity (GNU) led by Prime Minister Abdulhamid Dbeibeh who has refused to step down, after the country’s Parliament replaced him last week, Update Libya reports, citing some diplomatic sources who […]