Libya factions agree on process for picking central bank governor, UN mission says

Reuters
Libya's factions signed an agreement on the procedures, criteria and timelines for appointing a governor, deputy governor and board of directors for the country's central bank, the United Nations Libya mission (UNSMIL) said on Wednesday in a statement. (Reuters/File)
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  • The agreement could help defuse a crisis over control of the central bank and oil revenue

CAIRO: Libya’s factions signed an agreement on the procedures, criteria and timelines for appointing a governor, deputy governor and board of directors for the country’s central bank, the United Nations Libya mission (UNSMIL) said on Wednesday in a statement.
The agreement could help defuse a crisis over control of the central bank and oil revenue that has slashed Libya’s oil output and exports.

Topics: Libya UN Support Mission in Libya (UNSMIL)