{"id":258591,"date":"2026-10-13T01:44:56","date_gmt":"2026-10-12T23:44:56","guid":{"rendered":"https:\/\/sada.ly\/en\/?p=258591"},"modified":"2026-10-16T01:57:45","modified_gmt":"2026-10-15T23:57:45","slug":"exclusive-central-bank-governor-insists-on-resigning-amid-pressure-from-both-eastern-and-western-factions-to-obtain-funds","status":"publish","type":"post","link":"https:\/\/sada.ly\/en\/exclusive-central-bank-governor-insists-on-resigning-amid-pressure-from-both-eastern-and-western-factions-to-obtain-funds\/","title":{"rendered":"Exclusive: Central Bank Governor Insists on Resigning Amid Pressure from Both Eastern and Western Factions to Obtain Funds"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Our source at the Central Bank of Libya revealed that the Central Bank is facing significant pressure from various parties in both eastern and western Libya seeking access to funds, while failing to heed the Governor\u2019s and Board of Directors\u2019 official calls to curb spending and address its risks to the financial situation, particularly the exchange rate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The source added that the Governor remains determined to submit his resignation amid the lack of clear support from state institutions for the Central Bank\u2019s efforts, the implementation of genuine reforms, and measures to curb the depletion of state resources in hard currency through the smuggling of goods and fuel.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The source further noted that spending continues to expand across all areas without a thorough assessment reflecting the country\u2019s actual economic circumstances. This has hindered the Central Bank\u2019s efforts to defend the exchange rate, with the factors influencing it now falling outside the Bank\u2019s remit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our source at the Central Bank of Libya revealed that the Central Bank is facing significant pressure from various parties in both eastern and western Libya seeking access to funds, while failing to heed the Governor\u2019s and Board of Directors\u2019 official calls to curb spending and address its risks to the financial situation, particularly the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":258603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"iawp_total_views":0,"_asgm_disable_schema":false,"_asgm_disable_faq":false,"_asgm_disable_howto":false,"_asgm_disable_llms":false,"_asgm_llms_description":"","footnotes":""},"categories":[2],"tags":[628,613],"class_list":["post-258591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-bank","tag-libya"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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