Big-Picture Outlook
Libya’s financial crisis comes to the forefront this week, as the new leadership of the Central Bank of Libya (CBL) tries to establish itself under international pressure. The House of Representatives (HoR) seeks to demonstrate that it can operate effectively as a legislature, but remains bogged down in negotiations over implementing a unified salary schedule. Political competition and negotiations continue on almost all fronts, including the Libya-Turkey Maritime Agreement, the teachers’ strike, unification talks, and relations with Niger.
Major Events This Week
- The House of Representatives (HoR) voted to appoint Interim Central Bank of Libya (CBL) Governor Fawzi Abukhazam as the official CBL Governor, as the bank attempts to resume relations with the U.S. Treasury following Washington’s announcement that it would suspend cooperation after the removal of former CBL Governor Naji Issa.
- Nigerien Prime Minister Ali Lamine Zeine met with Libyan National Army (LNA) Commander Khalifa Haftar and LNA Deputy Commander Saddam Haftar in Benghazi, where the two parties signed a new cooperation agreement between Niger and the LNA.
- The head of the Teachers’ Movement, Ashraf al-Hadi, called for teachers to return to work after announcing an agreement with the Government of National Unity (GNU). GNU Finance Minister Rashid Abughafer said that the Ministry would disburse 719 million dinars to the Ministry of Education, but that the GNU could not fully meet the demands of the teachers’ union. Al-Hadi subsequently announced that protests would continue, while the Teachers’ Union also stated that it would maintain its protests.
- U.S. Senior Advisor for Africa Massad Boulos called GNU Prime Minister Abdulhamid Dabaiba and stated that anyone seeking to undermine unification efforts would face sanctions.
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