Although political divisions have widened in Libya since the failure to hold elections last month (MEES, 17 December 2021), at least the country’s two rival central banks – based respectively in Tripoli and at Baida in the country’s east – are making moves to reunify.

The heads of the branches on 20 January agreed a four-point roadmap for reunification of the bank which has been divided on western and eastern lines since Libya split into two parallel governments in 2014. London-based auditing firm Deloitte has been hired to assist the process. (CONTINUED - 164 WORDS)