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Confirming what was previously published, Al-Bayda Central Bank responds to the Central Bank in Tripoli regarding the extraordinary annual report

The Central Bank of Libya, Benghazi, indicated today, Thursday, that the extraordinary annual report is a historical document for the period from 2015 to 2020, which is the period during which the peak of the division of the Central Bank in its two poles, as the last similar report was issued in 2014.

The Benghazi central bank said that the source of the data published in this report is the periodic data issued by the Central Bank of Libya in Tripoli, in addition to data related to the eastern region that was not included in the Tripoli central bank data for the mentioned period.

He added that “the aim of this report is to give an integrated picture of the sector in light of the political and economic changes and the effects of the division that the period witnessed. However, it would have been better for the report to be read and to respond to any comments in order to revise and amend it, pointing out that insisting on the centralization of the decision, location and data is futile. We are fundamentally against it, and therefore even in the process of reunification of the Central Bank, we have to sit together as equal counterparts and not as a center and a branch or a department and a division. Therefore we are looking for the best in the performance of our tasks away from the central directives.”

The Central Bank expressed its readiness to receive any criticism, in particular, pointing out that its main goal is to continue the flow of periodic reports and to be valuable and reflect the reality to benefit from them and to help decision-makers in making their decisions.

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