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According to a statement from the UN Libya Support Mission (UNSMIL), the talks, which started on Monday under the chairmanship of UNSMIL Representative Stephanie Williams, were co-chaired by the Libyan Economic Working Group of Egypt, the USA, the European Union (EU) and the Berlin Conference. .

The talks were held closed to the press at the UN Geneva Office.

It was stated that the representatives of the Libyan Central Bank’s only official branch based in the capital Tripoli and the illegitimate branch in the east under the control of Khalifa Haftar were attended by representatives of the World Bank, Libyan Petroleum Authority (NOC) and Libyan Economic Experts Committee.

In the statement, it was stated that the participants agreed that “the current economic situation is unsustainable and that Libyan institutions should take steps towards functional unification, operate transparently and respond effectively to people’s needs.”

It was stated that the participants made suggestions to provide more stability to the Libyan currency and fight corruption.

Libyan parties also discussed the unification of the national budget and the determination of a timetable for reforms in the negotiations. “They agreed to outline the steps to consolidate the national budget.” information has been shared.

In the statement, it was noted that officials from the economy, banking, oil and finance sectors in Libya will meet again in January to seek a solution to the economic crisis in the country.

As a result of the 5 + 5 Joint Military Committee meetings held in Geneva on October 19-23, a permanent ceasefire agreement was signed between the Libyan parties.

Source: AA

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