Decision No. 183 of 2022 on Credit Guarantee Fund Appointment Authority

The Council of Ministers transfers appointment authority for the Credit Guarantee Fund's Director General to the Prime Minister, acting on recommendation from the Minister of Economy and Trade. This decision supersedes prior conflicting provisions and takes immediate effect.

This is an administrative restructuring with limited direct impact on foreign investors. The Credit Guarantee Fund supports SME lending through risk-sharing mechanisms—relevant for companies seeking local partnerships or supply chain financing. The decision consolidates executive control over the Fund's leadership, potentially signaling efforts to activate or reform credit guarantee operations that have been largely dormant during Libya's political instability.