The Ministry of Finance of the Government of National Unity announced today, Wednesday, the transfer of the salaries of all employees of state agencies for the months of October and November to the Central Bank of Libya to complete the exchange procedures.
The ministry was late in transferring the salaries of October for more than a month without explaining the reasons, as the last transfer of salaries by the ministry to the Central Bank of Libya dates back to the 15th of September, which is the salaries of last September.
The Board of Directors of the Central Bank in Benghazi deplored, in a statement today, Wednesday, what was confirmed by the Speaker of the House of Representatives regarding the decision to dismiss the Deputy Governor of the Central Bank of Libya, Ali Al-Hibri, considering this as a violation of the independent monetary authority in ways that contradict the principle of the legal independence of the Central Bank, and called on the Presidency of the House of Representatives to clarify the matter.
The executive departments of the Central Bank in Benghazi also denounced this ill-conceived decision, announcing the suspension of work in the bank until the issuance of an end to this controversy from the legislative authority and the rehabilitation of the deputy governor of the Central Bank of Libya, Ali Al-Hibri.
The Governor of the Bank of Libya, Seddiq Al-Kabeer, submitted a complaint to the Attorney General on Tuesday, against the Minister of Health of the Libyan government, Osman Abdul-Jalil, regarding his slander that the Central Bank did not disburse the amounts allocated to oncology patients in Benghazi Hospital, and that the Central Bank was the reason for delaying the banking procedures related to opening the documentary credit of the Ministry of Health.
Al-Kabeer explained that these allegations include a number of lies and misleading news, and attack him as the governor of the Central Bank of Libya and distort public opinion, in addition to that it is considered a crime of defamation.
This came after the statement issued by the Head of the Woman and Child Affairs Committee in the House of Representatives, Intisar Shnib, regarding the death of 9 children with oncology patients in the city of Benghazi.
The head of the Audit Bureau, Khaled Shakshak, discussed today, Tuesday, during a meeting with the head of the of National Unity Government, Abdul Hamid Dbeibeh, government spending for the current year 2022, and a mechanism for following up procedures that help increase disclosure and transparency, in the presence of the designate ministers of planning, Mohamed Al-Zidani and of transportation, Mohamed Al-Shahoubi and the Director of the Sovereign Sector Oversight Department at the Bureau, Ridha Qarqab.
The meeting discussed development projects and activating the recent steps taken by the Prime Minister, and the role of the Audit Bureau in assisting in their implementation, especially the government procurement platform, in addition to supporting the efforts of the General Authority for Information to make the platform a success.
The two parties stressed the need to focus on supporting the local administration by supporting the municipalities, including them in the development program, and paying attention to the basic services that the citizens suffer from. It was agreed to form a working group that aims to follow up and ensure the transparency and validity of the procedures.
The Chairman of the Board of Directors of the General Electricity Company, Mohamed Al-Mashai, held a meeting today, Tuesday, with all the directors of the stations distributed in the country, east, west and south, to follow up on the work done by the directors of the power generation stations and to know the production capacities of each of them and the completed stages of major overhauls and periodic maintenance of the stations within which the periodic maintenance has resumed.
Al-Mashai emphasized providing the requirements of each station and listening to the problems and obstacles facing the work of the stations and developing solutions to them, in addition to entering a number of generation units into the network after the success of the maintenance work on them.
For their part, the managers of the electric stations confirmed that the company’s generation stations are working on the close introduction of generation units with production capacities on the network, some of which have been noticed recently, adding production capacities on the network.
The spokesman for the House of Representatives, Abdullah Blehaq, confirmed to our source that the House of Representatives concluded, in its session today, Tuesday, to take a number of decisions, including the dismissal of Ali Al-Hibri from the position of governor of the Central Bank of Libya in charge and the termination of his membership and his presidency of the two committees to restore stability in Benghazi and Derna.
He added that the House of Representatives instructed the Audit Bureau to review and examine all the financial and administrative transactions of the two committees since the date of their establishment until now, as well as to address the Attorney General to take all legal measures regarding the crimes committed and to initiate preliminary investigation procedures in those crimes.
Today, Tuesday, during a meeting with the head of the Audit Bureau, Khaled Shakshak, the head of the National Unity Government, Abdul Hamid Dbeibeh, followed up the extraordinary budget for the oil sector, in the presence of the minister of finance, Khaled al-Mabrouk, the minister of planning in charge, Muhammad Zidani, the head of the National Oil Corporation, Farhat Ben Gdara, the committee in charge of following up the NOC’s extraordinary budget, and a number of department directors in the Ministries of Planning and of Finance and the Audit Bureau.
The meeting discussed the items of the basic budget that aims to settle the existing obligations of the Corporation, and the development plan prepared by the Corporation to raise production and increase gas production, in light of the current circumstances, in addition to settling the conditions of the Corporation’s employees in terms of employees whose employment conditions have been settled and their salaries paid.
It was agreed that continuous follow-up meetings should be held to solve the accumulated problems that require continuous cooperation between the main institutions in the country, benefit from international expertise in this sector, as well as determine the necessary allowances and settlements in order to pay attention to the workers in the sector.
The head of the Committee for Women and Children’s Affairs, Intisar Shnib, issued a statement today, Sunday, regarding the death of 9 children with oncology patients in Benghazi due to the lack of medicines and capabilities.
Shnib also holds the Governor of the Central Bank of Libya, Seddiq Al-Kabeer responsible, for not disbursing the funds allocated for treatment.
Shnib sent a letter to the relevant authorities to take the necessary measures against everyone who failed to perform his duty towards these children.
The Governor of the Central Bank of Libya, Seddiq Al-Kabeer, inaugurated a workshop on the transition to the latest standards and requirements of banking supervision on Thursday, which he organized with the Director of the Banking and Cash Control Department, and Research and Statistics, Naji Mohamed Issa, in cooperation with the USAID.
The workshop recommended that risk departments and Basel follow-up units of commercial banks operating in Libya, which are 22, carry out an internal actual evaluation for each bank and provide the Central Bank with comprehensive reports, on a regular basis, through sound methods for measuring and managing risks.
On its third day, the workshop concluded with the support and development of Basel applications in the banking industry, as it is the most effective option and a crucial necessity for banks to continue their activities in a sound manner, in order to protect banks from shocks, and in order to make the banking sector more resilient in the face of crises.
The National Oil Corporation revealed today, Sunday, in a statement that Libya topped the list of African oil-producing countries during the month of October, according to the monthly report issued by OPEC.
Libya ranked first in the list of the Organization of Producing Countries at the African level with 1.163 million barrels per day, followed by Algeria with 1.060 million barrels per day, and Nigeria’s production reached 1.024 million barrels per day.
