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GNA Finance Minister accuses CBL governor of obstruction

TRIPOLI – Faraj Boumtari, the Finance Minister of the Government of National Accord (GNA), accused Siddiq al-Kabir, the governor of the Central Bank of Libya (CBL), of obstructing many economical government policies, leaked document shows.

A formal complaint sent by Boumtari to GNA’s Presidential Council was leaked to the press on Thursday.

Boumtari accused al-Kabir of disrupting November salary payment for public sector worker; and obstructing the coverage of financial mandates for development projects.

He also accused him of obstructing the implementation of the Presidential Council’s decisions regarding emergency spending.

The GNA minister said that the CBL governor  caused a delay in approving the financial arrangements, which froze government spending for a period of 3 months, the most important of which was the salaries item.

Boumtari pointed out that al-Kabir did not respond to letters demanding him to implement Article 29 of the Presidential Council’s decision regarding financial arrangements related to setting measures and mechanisms necessary to cover the general budget deficit of 2,200 billion dinars.

He also accused him of trying to direct the ministry to spend for specific purposes.

At the end of his complaint, Boumtari called on the Presidential Council to intervene and deal with the CBL governor.

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