In a statement to Libya Alahrar, the governor’s director office at the Central Bank of Libya, Abdulatif Al-Tounsi claimed that the Central Bank of Libya believes in the integration of Libya’s institutions and the coordination of efforts, adding that the bank carries out its roles according to law.
He emphasized that the Central Bank’s participation in preparing the financial arrangements is a right not only ensured by the financial law of the State, but also guaranteed by banks and the political agreement through which the bank became a partner in preparing the financial arrangements and in monitoring its implementation as well.
“The government does not spend from its resources,” he said.
“Unless the fee revenues derived from the foreign exchange sales of last year, and the fees collected from Libyans by the Central Bank of Libya along with other banks after charging fees declaration, a dificit would have been shown in 2019 financial arrangements.” Al-Tounsi added.