Libya’s rival factions nominate new central bank governor

Appointment under compromise agreement still has to be approved by parliament aligned with eastern forces

Central Bank of Libya, Tripoli
weisserstier/Wikimedia

Libya’s rival factions have agreed to nominate Naji Mohamed Issa Balgasim as the new governor of its central bank, according to a compromise agreement signed by the two sides.

Representatives of the authorities in eastern Libya and their rivals in the west of the country signed the agreement in a ceremony in the United Nations Support Mission in Libya’s (UNSMIL) headquarters in Tripoli on September 26. Marei Muftah Rhayyel al-Barassi has been nominated as deputy governor.

Both the governor and his

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