Central Bank independence tops Bugas’s demands
LIBYA – High Council of State member Abdulmutalib Bugas, who chairs the committee overseeing the handover of the Central Bank of Libya governor’s duties, has voiced support for the House of Representatives’ vote, during its session, to choose Fawzi Abukhzam as governor of the bank, noting that the High Council of State had welcomed the step.
Support for monetary and financial stability
Speaking to Al-Masar TV, Bugas said he supported Abukhzam’s efforts to strengthen monetary and financial stability, preserve the independence of the Central Bank of Libya and improve its performance in the service of the national economy.
Joint efforts to meet economic challenges
He stressed the importance of unifying the efforts of state institutions and of cooperation between them in a spirit of national responsibility, in order to overcome the economic and financial challenges facing the country.
