UN warns Libya faces economic collapse amid central bank crisis

TRIPOLI: The United Nations Support Mission in Libya (UNSMIL) issued a statement late on Monday expressing deep concern “over the deteriorating situation in Libya resulting from unilateral decisions.” Disputes over control of Libya’s Central Bank have raised alarms about the potential misuse of the country’s financial resources.

Aug 27, 2024 - 02:26
UN warns Libya faces economic collapse amid central bank crisis
TRIPOLI: The United Nations Support Mission in Libya (UNSMIL) issued a statement late on Monday expressing deep concern “over the deteriorating situation in Libya resulting from unilateral decisions.” Disputes over control of Libya’s Central Bank have raised alarms about the potential misuse of the country’s financial resources.

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