Libyan Government reportedly paid US$12 billion to Turkey

Libyan Government


The Libya Review reports that as an aftermath of recent mission of high level Turkish delegates to Libya, US$4 billion dollar have been deposited into the Central Bank of Turkey. The UN-backed Libyan government has also made another deposit, “Another 8 billion US dollars was deposited to pay for Turkey’s recent military intervention in Libya.”

The Libya Review website also quoted Turkish President Recep Tayyip Erdogan to TRT, the Turkish news channel “Turkish foreign exchange reserves are now above $93 million.” 

“Turkey has sent over 70 Turkish UAV drones to Libya, which cost over US$5 million per unit, hundreds of Armoured vehicles (KIRPI) and thousands of Syrian mercenaries who are paid approximately US$1500 a month”, Libya Review added. 

The Turkish delegation, which included Foreign Minister Mevlut Cavusoglu, Ministry of Treasury and Finance Berat Albayrak, Turkish Ambassador to Libya Sarhan Aksan, Chief of Intelligence Harkan Fidan, and many senior officials in Turkish presidency and the government, met with the Prime Minister of Government of National Accord (GNA) Fayez- Sarraj in Tripoli on Wednesday. The meeting was to discuss measures required for enhancing bilateral cooperation between Turkey and Libya. 

Among other attendees of this meeting were GNA’s Minister of Foreign Affairs Mohamed Siala, Minister of Interiors Fathi Bashaga, Minister of Finance Faraj Atmari, President of National Oil Corporation (NOC) Mustafa Sanallah, and Libyan Ambassador to European Union Hafed Kaddour. 

The official agenda of meeting was to discuss bringing back the Turkish companies to Libya along with discussion of integration and cooperation mechanism in banking, oil and infrastructure sectors. 

The meeting was also an opportunity to review the implementation of Security and Military Memorandum of Understanding that was signed by the countries last year in November.  

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