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The Removal of Libya’s Central Bank Governor

Chaos and violence are major prerequisites for the removal of an official from Libya’s official institutions, from the National Oil Corporation to the Libyan Investment Authority and now the central bank, the country’s highest financial institution. Two days ago, the abrupt removal of Libya’s Central Bank governor, Mr. Sadeg Kabir, […]

A government of laws, not of men

In 1780, John Adams, a political philosopher and the second president of the United States, enshrined the idea of “a government of Laws, not of men” In the Massachusetts state constitution. His words represented his firm conviction that governments should be built and based on written laws and agreed to […]

“Nobody touches Libyan funds until there is a constitution and an elected government!” Omar Khattaly explains why UN should prevent the thawing of LIA assets abroad

By Vanessa Tomassini. While protests rage in Libya over dire economic situations and widespread corruption of state officials, on August 4, Ali Mahmoud Hassan Mohamed, chairman of the Libyan Investment Authority (LIA), following consultations with the head of Presidential Council of the Government of National Accord (GNA) Fayez al-Serraj, announced […]

Lessons from the world’s largest sovereign wealth fund

By: Omar Khattaly Researcher & Consultant on MENA Political Economy and Sovereign Wealth Funds February 2018 Norway’s Sovereign Wealth Fund (SWF), Government Pension Fund Global (GPF-Global) started in 1990 as a future generation financial cushion and as the population’s pension fund. A fund that receives its financing from the country’s […]