Economic advisor Wahid Al-Jabo, in an exclusive statement to Sada Economic, said: “If the Ministry of Finance has prepared and directed the salaries on time with lists of state employees’ names, the Central Bank of Libya must transfer the salaries to the beneficiaries’ current bank accounts.”
He added, “However, if the allocations for Chapter One [salaries] have been exhausted, the Ministry of Finance should seek permission from the Central Bank to cover the salaries.”
Al-Jabo also noted that the halting of oil production and export in recent months might have had a negative impact on the Central Bank’s financial inflows, leading to salary delays. He emphasized the importance of clarifying the reasons for the salary delays between the Ministry of Finance and the Central Bank of Libya.
