Libyan PM calls for unification of country’s central banks

Eastern branch functions as separate central bank and issues Russian-made currency

libya-flag
The national flag of Libya

The prime minister of Libya’s “government of national accord” has called for the strife-torn country’s two central banks to start working as one organisation, according to local media reports.  

Fayez al-Sarraj called on the Central Bank of Libya (CBL) – in capital city Tripoli – and the parallel monetary authority – in eastern Libya – to convene an urgent meeting of their board of directors “to take measures and decisions to unify” the two central banks, reports the Libya Observer.

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