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Norland Warns Against Forcing Out Libyan Central Bank Governor

August 12, 2024
Norland Warns Against Forcing Out Libyan Central Bank Governor
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The US Special Envoy to Libya, Ambassador Richard Norland, has issued a warning against any attempts to forcibly replace the Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir.

Norland highlighted that such actions could result in Libya losing access to international financial markets, a move that would have severe economic implications for the country.

Norland expressed concern over the recent clashes between armed groups, emphasising that these incidents underscore the ongoing dangers posed by the political deadlock in Libya.

He stressed that the security of CBL staff and operations, as well as other sovereign institutions in Libya, must be safeguarded at all costs.

The American diplomat condemned any threats to the safety of CBL personnel and operations, labelling them as unacceptable.

He reiterated the importance of protecting the integrity of Libya’s financial institutions during these tumultuous times.

Norland urged that disputes over the distribution of Libya’s wealth should be resolved through transparent and inclusive negotiations.

He called for a unified budget based on consensus as a necessary step to stabilise the country and ensure equitable resource allocation.

Tags: Al-Siddiq Al-KabircblCentral Banklibya
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