Libya appoints new central bank governor

Libya's top legislative and executive body has appointed Farhat Omar Bin Guidara as the new central bank governor, replacing Ahmed Mohammed Moneisi.

According to the Africast website, the decision was announced in a statement by the General People's Congress which also said ex-governor Moneisi will take the job of finance minister, replacing Mohammed Ali al-Houeiz.

The governor of the Central Bank of Libya is appointed for a five-year term.

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