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“Answers of the Governor of Libya’s CBL at the session were not convincing”

During a televised interview for Libyan WTV channel and Tabadul Platform, the member of the House of Representatives (HoR), Abd Al-Salam Nseya, has considered that the briefing of the governor of Central Bank of Libya (CBL) focused on the bank’s consulting role, which prompted him to change his programmed questions, adding that the briefing of Al-Kabeer was expected to revolve around fundamental issues similar to the fees on currency, exchange rate and liquidity.

“As far as the aforementioned issues are concerned, it was expected that the CBL represents its viewpoint, the potential solutions, as well as the necessary precautions… It was also expected that the Central Bank would invite to find a solution in the matter of Property Speculation.” Abd Al-Salam Nseya said.

Regarding the questions that he raised during the session, the member of the House of Representatives explained that they focused on the exchange rate, liquidity, the deterioration of banking services, the issue of the 24 billion salary bills, as well as the tasks of the Central Bank.

He added that he addressed the issue of state administration carried out through enhancing the general policy of the State.

Abd Al-Salam Nseya criticized the lack of communication between the Central Bank, the Minister of Finance and the Head of the Presidential Council (PC), calling for a meeting to draw a unified, general state policy.

The House of Representatives member considered that Al-Kabeer’s answers regarding the liquidity crisis, the Libyan dinar and the commercial banks were not convincing.

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