The Second Deputy Speaker of the Libyan House of Representatives, Mesbah Doma, welcomed the agreement reached between representatives of the House of Representatives (HoR) and the High Council of State (HCS) regarding the appointment of a new Governor for the Central Bank of Libya.
In a post on X (formerly Twitter), Doma stated, “We welcome the initial Libyan-Libyan agreement signed between the representatives of the HoR and HCS concerning the Central Bank of Libya’s Governor and his deputy.”
He added, “This agreement will be presented in the upcoming session of the HoR for approval to resolve this crisis that has threatened the livelihoods of Libyans.”
The United Nations Support Mission in Libya (UNSMIL) announced on Wednesday that a settlement had been reached between Libyan parties to address the ongoing dispute over the Central Bank’s leadership, which has been a source of conflict for over a month.
According to the agreement details shared by local media, the new Central Bank Governor will be Naji Issa, with Marai Al-Burassi appointed as his deputy. A seven-member Board of Directors will also be formed, with equal representation from Libya’s three regions (Cyrenaica, Tripolitania, and Fezzan), to be finalised within two weeks of assuming office.
UNSMIL confirmed that representatives of both legislative bodies signed the agreement, which outlines the procedures, standards, and timelines for the appointments. The final signing of the agreement is scheduled for Thursday, with international community representatives in attendance.
The crisis began when the Presidential Council dismissed the former Central Bank Governor, Al-Siddiq Al-Kabir, last month, prompting opposition from the Central Bank’s leadership and international actors, who criticised the move as a “unilateral decision.”
Following the dismissal, Libya’s oil production and exports were suspended by eastern authorities, further escalating tensions, as the Central Bank oversees the management of oil revenues and the national budget.
