• December 23, 2025
  • libyawire
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Tripoli, December 22, 2025 – The head of the Libyan Audit Bureau reviewed today, Monday, with the Governor of the Central Bank of Libya the Bureau’s observations on the Central Bank’s performance and examined the most prominent indicators and results.

The Central Bank stated that this expanded meeting, held in the presence of department directors and specialists from both sides, comes within the framework of enhancing institutional cooperation and integrating roles between the two institutions.

The meeting discussed a number of aspects related to performance development and improving work mechanisms, in line with the Bank’s strategic objectives and enhancing its institutional efficiency. The Bureau’s observations on the approval of financial statements for the years 2017 – 2024 and the necessary requirements to expedite their approval were also discussed, along with the cooperation of the Central Bank of Libya’s departments in this regard.

According to the Bank, at the conclusion of the meeting, emphasis was placed on the importance of joint work that serves the public interest, ensures smooth procedures, and raises the level of performance. The mutual trust between the two institutions was affirmed, along with the commitment to support all efforts aimed at achieving common goals.

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Tripoli

Tripoli is the capital and largest city of Libya, located on the country’s Mediterranean coast. Historically, it was founded by the Phoenicians in the 7th century BC and has since been ruled by the Romans, Arabs, Ottomans, and Italians, serving as a major port and cultural crossroads. Its historic core, the medina of Old Tripoli, contains significant architecture from these various periods.

Libyan Audit Bureau

The Libyan Audit Bureau is the supreme audit institution of Libya, established in 1955 to oversee public finances and ensure accountability. It operates independently to audit government entities and state-owned enterprises, playing a crucial role in promoting transparency and combating corruption within the country’s administrative framework.

Central Bank of Libya

The Central Bank of Libya is the primary monetary authority of Libya, established in 1956 following the country’s independence. It has played a critical role in managing the nation’s finances and currency, though its operations have been significantly disrupted and divided between rival administrations since the 2011 civil war.

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