Libya’s eastern administration elects new central bank governor

The Central Bank of Libya, Tripoli
The Central Bank of Libya, Tripoli

Libya’s eastern government has elected a new central bank governor, striking a blow to prime minister Fayez al-Sarraj’s plans to unify the country’s two central banks.

In a reassertion of the government’s independence, local media services and Reuters reported the eastern House of Representatives (HoR) had elected Mohamed al-Shukri, former vice-governor of the central bank under Muammar Gaddafi’s regime, to replace Ali Salim al-Hibri at the eastern monetary authority.

The Central Bank of Libya

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