The United Nations Support Mission in Libya (UNSMIL) announced on Monday that significant understandings have been reached to resolve the crisis surrounding the Central Bank of Libya.
This development followed separate meetings at the UN mission’s headquarters in Tripoli between representatives from the House of Representatives, the High Council of State, and the Presidential Council.
In a statement on its “X” platform page, UNSMIL noted that the consultations, which spanned from Monday morning until late at night, were marked by frankness. The discussions resulted in important understandings on resolving the crisis involving the Central Bank of Libya and restoring the confidence of Libyans and international partners in this key institution.
At the end of the session, representatives from the House of Representatives and the High Council of State agreed to refer the understandings reached to their respective bodies for further consultation. The talks are set to continue on Tuesday, with the aim of finalising the agreement.
On Sunday, the Central Bank of Libya announced the resumption of all its banking operations after successfully addressing technical issues that had disrupted the banking system for an extended period.
This development comes amid a prolonged crisis that has plagued the Central Bank of Libya for years, driven by political divisions and internal conflicts, which have adversely affected Libya’s financial and economic performance.
