The Minister of Planning and of Finance in the Libyan government, Oussama Hammad, called on the governor of the Central Bank of Libya Seddik Al-Kabeer and the deputy governor, Ali Al-Hibri to circulate to banks not to deal and provide their banking services to all public agencies except according to correspondences issued by the Minister of Planning and of Finance in the Libyan government alone.

Hammad referred to the Banking Law N° 1 of 2005, which stipulates that the bank may, with the approval of the Minister of Finance, entrust commercial banks with maintaining the account balances of some public administrative units within the limits and on the conditions approved by the Directors Board, adding that this is within the framework of mutual cooperation to preserve general money.