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الشرق الأوسط
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الشرق الأوسط

2026-11-11T14:45:00.000Z

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الشرق الأوسط

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Libya Bank Chiefs Tested

Libya Bank Chiefs Tested

Libya’s newly appointed central bank governor, Fawzi Abu Khuzam, faces reservations from the United States and other international parties because he was appointed without publicly declared agreement among Libyan institutions, despite 78 of the 90 lawmakers voting in favor of his appointment and accepting the resignation of his predecessor, Naji Issa. Washington and the United Nations called for the independence of economic institutions to be safeguarded and for appointments to be based on competence and consensus. Following the appointment, the US Treasury suspended dollar transactions with the bank. Observers warn that continued disagreement could undermine the confidence of financial institutions and correspondent banks, and complicate the processing of some international transactions.

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