The Libyan Investment Authority (LIA) announced yesterday that it had organised its 2024 group Second Annual Forum.
The forum dealt with the strategic direction of the group and its financial performance, while highlighting the efforts aimed at enhancing governance and transparency as an essential part of its future vision.
The LIA received the consolidated financial statements for the year 2020 from Deloitte, in a step that it says enhances its commitment to international best practices and strengthens its position in the sovereign investment sector.
The LIA reported that during the forum, PricewaterhouseCoopers (PWC) reviewed its plan to support the LIA in preparing the financial statements for the years (2021, 2022, and 2023), in accordance with the latest international financial reporting standards, while Ernst & Young (EY) gave a detailed presentation on its executive position regarding the review of the financial statements for the year 2020 in a step aimed at enhancing the disclosure and credibility of the institution’s financial statements.
