Tripoli: Issa confirms that the Central Bank will continue to provide cash liquidity to commercial banks during the coming period. The Governor of the Central Bank of Libya, Naji Issa, affirmed the bank’s commitment to providing increased liquidity to commercial banks in the coming period, in support of market stability and to enhance the banking system’s ability to meet the needs of citizens and economic actors.
According to Libyan News Agency, this announcement came during Issa’s meeting with the Head of the Presidential Council, Mohammed Al-Manfi, where he briefed him on the latest economic developments and the reform measures being undertaken by the Central Bank. The meeting took place on Wednesday in Tripoli and was aimed at discussing strategies to improve the financial sector.
During the meeting, the Governor explained that the current plan focuses on improving the efficiency of the banking sector by strengthening governance and transparency. He emphasized the importance of developing financial disclosure mechanisms to enhance institutional discipline and consolidate monetary stability.