00:00Libya's Central Bank Governor Najee Issa has resigned. Several reports said Monday, though no reason was given.
00:08Issa and Vice-Governor Mireille Barrase were appointed by Libya's East Bayes Parliament in September 2024
00:15under a UN-backed deal aimed at ending stand-off over oil production and easing a definancial crisis.
00:21Libya remains split between the UN-recognized government of the Abdullah Hamid Baiba in the West
00:27and a rival is an authority backed by Khalifa Haftar.
00:31Issa replaced Sadiq Al-Kabir, who had been criticized by officials close to Baiba
00:37over the bank's management and state's funds.
00:39After Al-Kabir was removed in August 2024, the Issa administration declared force majeure,
00:45suspending oil production and exports and cutting output by half.
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