Dbeibah holds meeting with Governor of CBL and other officials

banking - July 29, 2021

The Prime Minister of Libya, Abdul Hamid Dbeibah, met on Wednesday with the Governor of the Central Bank of Libya (CBL), Saddiq Al-Kabeer, in the presence of the Governor’s advisor, the Director of Studies and Research Department at the Bank, along with the Minister of State for Cabinet Affairs.

The meeting covered the implementation of various urgent measures regarding several files, most relevant of which was the Coronavirus pandemic, support for the electricity and oil sectors, and the acceleration of activating the reconstruction funds to support all areas affected by the war.

The meeting comes amid the House of Representatives (HoR)’s refusal to approve the budget and reports that Dbeibah may, in his official capacity, resort to passing financial arrangements from the CBL, following its approval by the Presidential Council (PC), if the issue is not resolved through the HoR.

libyaobserver



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