Libya's High State Council orders central bank governor to keep working amid resignation bid

Libya's High State Council has instructed Central Bank Governor Naji Issa to continue his duties, overriding his request to resign. The decision, announced by Council Head Mohamed Takala, aims to maintain stability within the nation's financial, economic, and political systems.

Issa's resignation request is now pending a final decision. The High State Council emphasized that the governor's continued service is crucial for controlling public spending and preventing misuse of foreign currency. This move seeks to ensure the Central Bank operates without interruption during the review of Issa's resignation.

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to continue performing his duties to ensure the uninterrupted operation of the Central Bank.

The directive underscores the council's commitment to public interest and adherence to constitutional and legal procedures. The ongoing process highlights the delicate balance of power and the importance of institutional continuity in Libya's complex political landscape.

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to maintain financial, economic, and political stability and serve the public interest, with a focus on controlling public spending and preventing any irregularities regarding the use of foreign currency, pending consideration and a final decision on the resignation in accordance with constitutional and legal rules and procedures.