• The UN Security Council has lifted sanctions on Libya's central bank and the country's foreign investments banks. The move is aimed at easing the current cash crisis in the country. The United States has also lifted most of the sanctions against Tripoli.

  • The Libyan banks' assets abroad were frozen earlier this year as part of sanctions against former Libyan leader Col Muammer Gaddafi. 

  • The White House said in a statement in Washington that the US had rolled back most sanctions on the Government of Libya to keep its commitment to the Libyan people.