Al-Mishri and Al-Kabir discuss Libya's financial arrangements for the current year

Alwasat - Cairo Tue 29 Jan 2019, 10:02 PM
alwasat radio

The Governor of the Central Bank of Libya, Sadiq Al-Kabir, met on Tuesday with the head of the High Council of State Khalid Al-Mishri, to discuss the latest financial arrangements for the current year.

A statement released by the Central Bank on Facebook, that the meeting also touched on "related topics, and the efforts by the Central Bank of Libya to revive the Libyan economy and move the wheels of development."

The 9th session of the Economic Dialogue was held on 10 January in the Tunisian capital, in the presence of the Governor of the Central Bank of Libya, the Vice President of the Presidential Council Ahmad Maiteeg, the President of the National Oil Corporation Mustafa Sanalla and a number of representatives of the economic institutions in Libya.

In the wake of the meeting, "Free Libya" channel quoted Maiteeg as saying that the two sides agreed that the general budget for the current year, would be between 47 and 51 billion dinars.

The Reuters news agency later quoted sources as saying the government of national reconciliation and the central bank had failed to agree on the country's budget for 2019 because of a row over spending priorities. "The row could continue until March," Reuters quoted sources as saying.

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