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Libya’s new central bank governor faces uphill battle

Experts warn Boukhzam is inheriting a politically compromised institution

A map of Libya

The Central Bank of Libya’s monetary policy committee this week issued a statement outlining the monetary and economic issues confronting the institution, which unexpectedly came under new leadership in October. However, an expert has told Central Banking that the institution’s new governor may have little room for manoeuvre.

Last month, the central bank announced that Fawzi Boukhzam had replaced Naji Issa as governor with effect from October 22, “in implementation of the decree of the presidency

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