MEI publishes analysis on brokering a solution to Libya’s Central Bank crisis

On 30 August, The Middle East Institute published an analysis article by former US envoy to Libya Jonathan M. Winer, titled ‘Brokering a solution to the Libyan Central Bank crisis’. Winer looks at the recent battle for control over the Central Bank of Libya (CBL), which has already resulted in oil shutdowns and the loss of 60% of Libya’s oil production, arguing that the crisis ‘poses a clear and present danger for the entire country, threatening its safety and security as well as its economy’. Winer also notes the differences that had been simmering between CBL governor Sadiq al-Kabir and Prime Minister Abdul Hameed Dabaiba in the months leading up to the current crisis. Going forward, he argues, solutions may include Kabir making ‘power-sharing concessions to his political enemies’, which would entail dividing his authority as CBL governor and assuring each side that the other does not get more than its ‘fair share’.

Read the full article here.