The head of the Accounting Department at the Libyan Academy, Dr. Abu Bakr Abulqasim, told our source: “Do not leave the Central Bank alone.” He added that the Central Bank’s weekly and monthly reports serve as warning messages to all Libyans, as if the bank is telling us: The Central Bank remains standing alone, facing unrestrained governments with excessive and unregulated spending, and the National Oil Corporation, which operates unchecked, controlling the flow of oil revenues without oversight, in blatant violation of laws and regulations governing the state’s public finances.
He continued: “It is also facing speculators who are waging this war against the dinar. Today, it is imperative for everyone—both elites and the general public—to stand firmly with the Central Bank of Libya in its battle to defend the strength of the fragile dinar.”
