Libya's Prime Minister Sarraj plans to resign by end of October

Libya’s internationally recognised Prime Minister Fayez al Sarraj said on Wednesday that he wants to quit by the end of October as efforts to find a political solution to the country's years-long conflict gather pace, Bloomberg reported.

"I announce to all my sincere wish to cede my functions to the next administration before the end of October at the latest," Sarraj said in a televised speech from Libyan capital Tripoli.

Sarraj said United Nations-brokered talks between the rival factions in Libya had led to a "new preparatory phase" to unify Libyan institutions and prepare for parliamentary and presidential elections.

Libya is split between the U.N.-backed Government of National Accord (GNA) in Tripoli headed by Sarraj, and the Tobruk government, led by General Khalifa Haftar, the de facto ruler of eastern Libya and head of the Libyan National Army (LNA). Haftar in April launched a military assault to seize the Libyan capital.

Turkey's military support for Sarraj has been critical to helping the GNA in pushing back a 14-month campaign to capture Tripoli by Haftar's LNA, which is backed by Russia, the United Arab Emirates and Egypt, among others.

People in several eastern cities, including Al-Marj, Sabha and Al-Bayda, have been protesting since last week over the poor living conditions and the eastern-based interim government in Tobruk resigned on Sunday hours after protesters set fire to its headquarters in Benghazi.