logo
Audit Bureau reviews anti-corruption, public funds protection with UN Mission Review Team

Audit Bureau reviews anti-corruption, public funds protection with UN Mission Review Team

Libya Observer17-06-2025
The head of Libya's Audit Bureau, Khaled Shakshak, emphasized to the Strategic Review Team of the United Nations Support Mission in Libya (UNSMIL), headed by Daniela Kroslak, the importance of supporting efforts aimed at addressing economic challenges, promoting transparency, combating corruption, and protecting public funds.
The meeting covered a range of general issues related to Libyan affairs, most notably the developments in the political, security, and economic situations, as well as discussing the Mission's role in supporting national dialogue tracks, enhancing stability, and assisting state-building efforts, according to a statement by the Audit Bureau on its Facebook page on Monday.
The discussions also addressed UN resolutions related to the freezing of Libyan assets abroad and their impact on safeguarding sovereign investments, while stressing the need for carefully studied technical amendments to allow more flexibility in managing assets and avoiding losses.
Shakshak and the UN team underlined the importance of advancing the economic track, particularly in unifying the budget and ensuring fair distribution of resources, considering it a crucial element to ensure the success of the political process and achieving comprehensive stability.
He also hailed the role of the United Nations Mission in providing technical support to sovereign institutions, contributing to preserving their independence and enhancing their ability to perform oversight functions in a stable and transparent environment, stressing that the continuity of these institutions represents a cornerstone of the state and a guarantee for governance and accountability. Tags: Audit Bureau United Nations
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Turkish warship visits Tripoli port
Turkish warship visits Tripoli port

Libya Observer

time2 days ago

  • Libya Observer

Turkish warship visits Tripoli port

The Turkish warship " TCG Kinaliada" visited Tripoli port on Sunday, according to the Turkish Embassy in Libya. The embassy explained that Ambassador Güven Begec received a Turkish naval delegation, headed by Admiral Tiğli. The same ship visited Khoms port on November 17, 2023, as part of the Turkish Naval Task Force. These repeated visits come under the umbrella of the cooperation agreement signed on July 10 by the Ministry of Defense of the Government of National Unity with its Turkish counterpart, which aims to enhance the capabilities of the Libyan army. News Tagged: Libya-Turkey agreement Turkish warship

Turkey tops Libya's imports in 2025
Turkey tops Libya's imports in 2025

Libya Observer

time3 days ago

  • Libya Observer

Turkey tops Libya's imports in 2025

Turkey has emerged as the leading source of goods and services imported into Libya so far this year, followed by China, Egypt, India and Russia. Figures released by the Central Bank of Libya show that banks used $15.3bn in foreign currency between January and July 2025 – a 30% rise on the same period in 2024. The United Arab Emirates was the biggest destination for letters of credit issued by Libyan commercial banks to the private sector, accounting for 29.3% of requests. It was followed by Turkey (22.1%), Egypt (10.8%), Switzerland (4.8%) and China (4%). Turkish-origin goods represented the largest share of imports at 26.4%, with China (12.6%), Egypt (11.4%), India (6.2%) and Russia (4.8%) trailing behind. Machinery and equipment topped the list of imports at 21.2% of foreign currency requests, followed by pharmaceuticals at 20.4%. The Libyan Iron and Steel Company was the single largest importer, with $244.3m in approved requests, followed by the National Cancer Control Authority ($188m) and the Libya Development and Reconstruction Fund ($118.9m). Tags: libyan economy

UN envoy, 5+5 JMC review commitment to ceasefire agreement across Libya
UN envoy, 5+5 JMC review commitment to ceasefire agreement across Libya

Libya Observer

time5 days ago

  • Libya Observer

UN envoy, 5+5 JMC review commitment to ceasefire agreement across Libya

The UN envoy to Libya Hanna Tetteh has met with the Joint Military Commission 5+5 (JMC) in Tunis to discuss progress of the implementation of the Ceasefire Agreement and means of sustaining it, UNSMIL said in a statement on Thursday. UNSMIL added that the 5+5 JMC had reiterated its commitment and subcommittees to sustain the ceasefire agreement including withdrawal of the "foreign forces,foreign fighters and mercenaries in support of security and stability in Libya." "The 5+5 JMC stressed the importance of making progress in the political process in order to facilitate the security track in the country." UNSMIL added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store