CBL confirms decision to freeze non-essential spending until allegation of its mismanagement of public funds are investigated

By Sami Zaptia. London, 28 May 2018: The Tripoli-based Central Bank of Libya has confirmed its decision to freeze public spending for non-essential sectors until an investigation is carried out into allegations that it has mismanaged public funds. The confirmation came indirectly in a clarification statement issued yesterday. The clarification statement said that with reference … Continue reading CBL confirms decision to freeze non-essential spending until allegation of its mismanagement of public funds are investigated