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Rifts plague Libya’s central bank

Although a new unity government was formed in Libya, ending years of division in state institutions, conflicts still plague some financial institutions that control the country's economy, namely the central bank.
A picture taken on Nov. 5, 2015, during a tour with the Libyan coastguard shows the Central Bank of Libya in the capital, Tripoli.

Some financial and economic institutions in Libya are still experiencing division — namely, the Central Bank of Libya — despite Libya's newly formed Government of National Unity headed by Prime Minister Abdul Hamid Dbeibeh.

Dbeibeh’s government assumed power on Feb. 5, and a new Presidential Council headed by Mohamed al-Menfi was elected at the Libyan Dialogue Forum, held under the UN auspices in the presence of 73 Libyan figures from various regions.

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