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Al-Sarraj and Mitig talk about economic reforms

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LIBYAPROSPECT – Tripoli

The head of the Presidential Council (PC) of the Government of National Accord (GNA), Fayez Al-Sarraj, met, on Tuesday, with the member of the PC, Ahmed Mitig, and talked about the programs of the economic and security reforms.

The meeting tackled the steps of the implementations of the economic reforms and the ways of how to deal with any impacts of them. They also discussed the security arrangements and the cooperating operation between the Security Committee and the ministries and the authorities that affiliated with GNA.

In the same context, Mitig attended, on Tuesday, a seminar organised by the Cultural Authority of the GNA and the Financial Arrangements Committee, to talk about the economic reforms.

The seminar discussed the ways of how to raise the economic growth rates and the mechanism of the implementation.

The discussions also tackled the ways of supporting the policies of the National Oil Corporation (NOC) to achieve better revenues that could raise the growth rates.

Mitig said that the commercial banks are not able to implement the economic reforms that were decided by the PC last September.

He clarified that some banks do not want to do anything about the economic reforms, stressing that the Central Bank of Libya (CBL) had issued a lot of regulatory leaflets.

Mitig stated that the PC would issue some regulatory decisions, the Attorney General office would take the responsibility of implementing part of it.