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Central Bank Confirms Inability to Disburse August Salaries and Open Letters of Credit

The Central Bank of Libya confirmed in a statement that its building has been stormed for the second day, aiming to implement an illegal decision issued by the Presidential Council regarding the change in the bank’s management. This situation jeopardizes the bank, its assets, accounts, external relations, and reputation, in addition to disrupting its operations and preventing it from disbursing August salaries and opening letters of credit and personal transfers.

The Central Bank praised the people across Libya for standing united against these illegal practices and repelling this attack, which will negatively impact the overall situation in Libya politically, economically, socially, and financially.

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