Tripoli: The Governor of the Central Bank of Libya, Naji Issa, engaged in discussions with Massad Boulos, the Senior Advisor to the US President for Arab and African Affairs, regarding the latest economic and financial developments in Libya. The meeting took place in Tripoli and included notable attendees such as Assistant Secretary of State Kyle Liston, Charg© d'Affaires of the US Embassy in Libya Jeremy Berndt, Head of the Libyan Audit Bureau Khaled Shakshak, and Chairman of the National Oil Corporation Masoud Suleiman.
According to Libyan News Agency, the meeting focused on supporting economic stability and enhancing institutional performance to benefit the Libyan population and ensure the sustainability of national resources. The attendees emphasized their unwavering support for the independence of the Central Bank of Libya, its Governor, and the sovereign institutions, underscoring that the Bank's independence is crucial for maintaining monetary and financial stability.
The participants expressed their backing for the unified budget agreement, highlighting the necessity for all parties to adhere to its implementation and comply with its provisions. This commitment aims to improve fiscal discipline, promote transparency and efficiency in public spending management, and unify efforts towards achieving economic stability.
The US representatives, together with the Central Bank of Libya and the Audit Bureau, reiterated their support for the National Oil Corporation. They stressed the importance of maintaining stable and sustainable Libyan oil production, recognizing it as a key component of the national economy and a strategic resource essential for the country's stability and prosperity.
Furthermore, the attendees reaffirmed their support for the Audit Bureau, acknowledging its crucial role in fostering transparency, accountability, and good governance, as well as safeguarding public funds and enhancing trust in state institutions. In this context, the Central Bank of Libya reiterated its dedication to fulfilling its duties independently and professionally, collaborating with national and international partners to strengthen economic and financial stability and uphold the integrity of the banking sector, thereby serving the aspirations of the Libyan people for prosperity.