No Result
View All Result
Friday, March 13, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

CBL Governor Saddek Elkaber promises to tell all in press conference

bySami Zaptia
April 14, 2017
Reading Time: 2 mins read
A A

By Sami Zaptia.

A rare sighting of Tripoli's CBL Governor in Tripoli at the Audit Bureau meeting (Photo: Audit Bureau).
Tripoli’s CBL Governor has promised to tell all in a press conference (Photo: Archives by Audit Bureau).

London,  14 April 2017:

In a press statement released last night, the Governor of the Tripoli-based Central Bank of Libya (CBL), Saddek Elkaber, accused all the previous six Libyan governments of lying to the public and choosing to use the CBL as a ‘‘scapegoat’’ rather than do their job and implement needed reforms to save the economy.

He blamed the state of Libya’s economic woes on the lack of security and political accord, adding that the CBL does not have the ‘‘magic wand’’ of devaluation, contrary to what the public has been led to believe.

Devaluation should be part of a ‘‘package’’ of reforms, he insisted, rather than the ”painkillers and soothing solutions, which are useless’’, that previous governments had implemented.

RELATED POSTS

Security plan within Tripoli has resulted in the resolution of several cases: Interior Minister Trabelsi

Aldabaiba holds meeting with Interior Minister Trabelsi and Undersecretary of Defence Zoubi to follow up on ‎‎security and military developments

He accused armed militias of attempting to coerce him into changing the CBL’s policies and accused ‘’corrupt money’’ of waging a negative media campaign against the CBL.

Kaber accused politicians of ‘‘honeyed promises’’ explaining that he has maintained his media silence by choice. ‘‘I did not master the art of selling and buying words. I am not a permanent guest on your screens. I did not tickle your emotions with honeyed promises that neither fattened nor satisfied your hunger’’.

‘‘I have committed to a painful silence when it was in the interest of the nation, and when the silence was in order to preserve civil peace, so that Libyan bloodsuckers do not exploit any of these statements, and they don’t trade in the citizens and worsen their lives’’.

Ending on an optimistic note, the Tripoli CBL Governor said ”I am confident that the intensified cooperation of the Central Bank and related parties, especially the Presidential Council, will enable us to overcome the crisis and deal with it radically – away from painkillers and soothing solutions, which are useless’’.

However, promising to reveal all in a press conference soon, he warned that what he had said in this statement was just the ‘‘tip of the iceberg’’.

Tags: CBL Governor Saddek ElkaberfeaturedLD exchage ratesecuritysubsidised fuel and goods

Related Posts

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

At the first 2026 Cabinet meeting: Aldabaiba calls for unified state institutions, freezes development spending and calls for elections

March 12, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba reveals his new ministerial appointments – top posts of Interior, Oil and Gas, Foreign Affairs and Defence remain unchanged: Report and analysis

March 12, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba’s first 2026 Cabinet meeting – justifies new ministerial appointments, reveals training given to all ministers, warns against corruption, focus on economy

March 12, 2026
Aldabaiba receives support from Presidency Council and High State Council for new ministerial appointments
Libya

Aldabaiba receives support from Presidency Council and High State Council for new ministerial appointments

March 12, 2026
HoR condemns Serraj’s foreign intervention call
Libya

HoR unofficial meeting proposes a new reform Roadmap to elect new leadership and amend internal regulations

March 11, 2026
CBL receives results from meetings with international banks
Business

CBL discusses with Libya’s Telecoms Holding Company increasing the use of e-payments – including integrating illegal migrants

March 10, 2026
Next Post

Over half million set applications record for 2017 Haj

LNA airforce hits Third Force positions outside Sebha

Top Stories

  • Op-Ed: Boulos entrenches Libya’s “flawed reality” and absence of a European role opens door to paths that deepen crisis

    Op-Ed: Boulos entrenches Libya’s “flawed reality” and absence of a European role opens door to paths that deepen crisis

    0 shares
    Share 0 Tweet 0
  • Tripoli government team holds further meeting with Boeing regarding the establishment of a new airliner

    0 shares
    Share 0 Tweet 0
  • CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories

    0 shares
    Share 0 Tweet 0
  • Aldabaiba reveals his new ministerial appointments – top posts of Interior, Oil and Gas, Foreign Affairs and Defence remain unchanged: Report and analysis

    0 shares
    Share 0 Tweet 0
  • Libya’s dinar budget revenues in credit but its dollar expenditure posts US$ 2 bn deficit: CBL January to February 2026 report

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

LIA holds Paris meeting to discuss reinvesting cash reserves in time deposits – previously frozen by Security Council Resolution

At the first 2026 Cabinet meeting: Aldabaiba calls for unified state institutions, freezes development spending and calls for elections

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.