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Home Libya

UN Security Council calls for a consensus-based solution to the current Central Bank crisis

bySami Zaptia
August 29, 2024
Reading Time: 3 mins read
A A
UN Secretary General calls for stability, early elections, and critical decisions to be taken in a transparent and consensual manner

In a press statement issued yesterday, the members of the UN Security Council expressed concern at recent developments and tensions in Libya. The tensions were as a result of the Central Bank of Libya (CBL) crisis where the Libyan Presidency Council unilaterally formed a new Board of Directors and a new Governor of the CBL.

The UN Security Council called on Libyan actors and institutions to urgently refrain from any unilateral actions which increase tensions, undermine trust, and further entrench institutional divisions and discord amongst Libyans.

The members of the Security Council called on all Libyan political, economic, and security leaders and institutions to de-escalate tensions, refrain from use of force or threat of use of force or any economic measures designed to exert pressure, and to reach a consensus-based solution to the current crisis regarding the Central Bank. They urged the Libyan parties to avoid any military actions that might jeopardise Libya’s fragile stability and the security of civilians as well as the 2020 ceasefire agreement, underscoring the importance of accountability.

The members of the Security Council reminded all political leaders and institutions of their commitments and obligations in line with relevant Security Council resolutions, particularly Security Council resolution 2702 (2023), building on the Libyan Political Agreement and the Libyan Political Dialogue Forum (LPDF) Roadmap, and building on the updated electoral laws agreed by the 6+6 Committee.

They also called on all Libyan parties to engage fully, in good faith and without preconditions, and make the compromises necessary to progress the Libyan-led and Libyan-owned political process, facilitated by the United Nations, in line with Security Council resolution 2702 (2023).

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The members of the Security Council expressed their full support for the United Nations Support Mission in Libya (UNSMIL) to continue to deliver its mandate, including the ongoing work to de-escalate tensions, preserve stability, and foster confidence among key stakeholders. The members of the Security Council emphasised their support and the need for the Secretary-General to appoint a new SRSG for Libya as soon as possible.

The members stressed the importance of ensuring the full, equal, effective, meaningful and safe participation of women, and inclusion of youth and civil society representatives, in all activities and decision-making relating to democratic transition.

The members of the Security Council reiterated their strong support to Libya’s sovereignty, independence, territorial integrity and national unity.

 

New interim CBL Governor Abdel Fattah Abdel Ghaffar holds first press conference in CBL (libyaherald.com)

UNSMIL deeply concerned over the deteriorating situation in Libya resulting from unilateral decisions (libyaherald.com)

‘‘Takeover’’ by the Handover Committee of the CBL – new temporary Governor appointed (libyaherald.com)

Several banking operations suspended due to CBL crisis (libyaherald.com)

CBL Governor El-Kaber reports attempted storming to Attorney General – holds Interior Minister responsible for its security

HoR condemns attempted storming of CBL (libyaherald.com)

No intention to storm Central Bank by force and administrative crisis has nothing to do with security authorities: Acting Interior Minister Trabelsi (libyaherald.com)

Presidency Council to elect new board and Governor of CBL (libyaherald.com)

HoR confirms El-Kaber as Governor of the CBL (libyaherald.com)

The end of the road for current CBL Governor El-Kaber? (libyaherald.com)

UNSMIL rejects HoR election of Shukri as central bank governor, says Elkaber still in place | (libyaherald.com)

CBL Governor Saddek Elkaber sacked again | (libyaherald.com)

 

Tags: CBL Central Bank of LibyaUN Security Council

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