Middle East Economic Survey


No 52



Asset Freeze Lifted Off Central Bank Of Libya

The UN Security Council (UNSC) and the EU have lifted the asset freeze that was imposed on the Central Bank of Libya (CBL). The freeze was put in place as part of the sanctions that were used to block Colonel Mu'ammar al-Qadhafi and his cohorts access to funding during the civil war. With a new interim Libyan government now in control, asset freezes are being lifted. The assets of...