The Special Representative of the Secretary-General for the United Nations, Abdoulaye Bathily, stated during his briefing to the Security Council that reuniting and reforming the Central Bank of Libya are two necessary steps to implement accountability and promote economic welfare in the country.
Bathily added that managing the country’s resources is a major concern for all Libyans, stressing that addressing the use of Libya’s resources should be fully addressed, especially in prioritizing expenditures, addressing chronic weaknesses in basic services, and the absence of accountability, as well as demands for fair distribution of resources.
The UN envoy emphasized the urgent need for a mechanism led by Libyans and involving concerned parties from all over the country to agree on spending priorities and ensure transparent and fair management of oil and gas revenues in line with Security Council decisions.
Bathily also pointed out that the International Economic Working Group continues to engage with Libyan institutions to make progress in discussions on temporary spending and control mechanisms, noting that reviving the economic path remains an integral part of political dialogue with the main Libyan parties and the Libyan people.