World

Libya appoints new central bank governor

TRIPOLI: Libya’s parliament on Monday appointed Fauzi Abokhzam as the new central bank governor, the legislature said, after his predecessor’s resignation caused a firestorm. Former governor Naji Issa had requested to quit in August, but the parliament at the time rejected his demand. Only in October did the parliament announce a surprise decision saying it had accepted Issa’s request, without justifying the about-face. On the day parliament accepted Issa’s resignation, the central bank said its