The Presidency of the Libyan Parliament announced in an official statement that the members of the Council invited to attend an official session to be held on April 15th, to interrogate the governor of the Central Bank of Libya regarding the recent procedures.
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This session comes in response to a request submitted by 69 deputies on Sunday, in which they called for an emergency session on April 14 and 15, to hold the governor of the Central Bank of Libya, Naji Issa, about his decision to reduce the value of the Libyan dinar, demanding the presence of “the supervisory authorities, led by the Accounting Bureau and the National Oil Corporation.”
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This decision is the focus of widespread controversy after the Central Bank of Libya announced yesterday to reduce the value of the Libyan dinar by 13.3%, justifying this by reaching the volume of government spending to 224 billion Libyan dinars, and a financial deficit exceeding 136 billion Libyan dinars.
It is expected that the upcoming session will focus on discussing the repercussions of this decision on the financial and economic situation in the country, amid parliamentary demands to clarify a transparent clarification from the governor of the central bank on the criteria and procedures that were based on in taking this decision.
