Libyan Central Bank Governor Naji Issa Resigns Amid Political Tensions
Several reports said Naji Issa stepped down as Libya’s central bank governor, after a UN-backed deal had ended a standoff over oil production and finances.
- On Monday, Libya Central Bank Governor Naji Issa submitted his resignation to the country's rival legislative chambers without explaining his reasons, according to documents confirmed by Reuters.
- Issa assumed the role in September 2024 as part of a United Nations-backed deal to resolve a Central Bank standoff following the ousting of former governor Sadiq al-Kabir.
- Western factions triggered the August 2024 standoff by removing al-Kabir, prompting eastern forces to suspend all oil production and cut Libya's output by approximately half to about 600,000 barrels per day.
- High Council of State head Mohamed Takala asked Issa to remain in his post "in order to maintain financial, economic and political stability" while the resignation is formally reviewed.
- Libya remains divided between the UN-recognized government in the west and eastern authorities backed by military leader Khalifa Haftar, who controls the country's primary oil resources and complicates any political resolution.
11 Articles
11 Articles
Libyan Central Bank Governor Naji Issa Resigns Amid Political Tensions
Libya's Central Bank Governor, Naji Issa, resigned from his position citing sensitive reasons. His resignation addresses the country's rival legislative chambers, reflecting ongoing political divides. Appointed in 2024 to resolve a standoff, his departure highlights persistent challenges in Libya's economic and political landscape.
Libya's central bank governor submits resignation, documents show
Libya: Central Bank Chief Quits Amid Deepening Power Struggle
By Ebi Kesiena Libya’s Central Bank Governor, Naji Issa, has resigned from office without disclosing the reason for his departure, raising fresh concerns over the stability of the country’s financial institutions amid its prolonged political crisis. Issa’s resignation comes as Libya remains sharply divided between rival administrations in the east and west, with control of state institutions and oil revenues continuing to fuel tensions. Libya’s …
Libya Central Bank’s Governor asks to leave post amid economic uncertainty – The North Africa Post
The Governor of the Central Bank of Libya, Naji Issa, has requested to be relieved of his position, according to two letters addressed to the Speakers of the House of Representatives and the High Council of State. Issa did not disclose the reasons for his request, citing the sensitivity of the circumstances surrounding the matter. […]
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