Saturday, 22/2/2020 | 10:13 UTC+0
Libyan Newswire

Head of Control Body and Governor of Central Bank of Libya meet.

Tripoli, Head of Control Body and Governor of

Central Bank of Libya met in the presence of deputy head and

directors of commercial banks, some directors of the Central bank.

The meeting reviewed and discussed several important issues

especially those touches the citizens such as cash crisis at banks

and rate of exchange and development f balance of payment,

documentary credits.

Head of the control body explained several issues including his role

for internal control at central bank and what penalty used in case of

shortcoming or negligence and state financial deficit and ways to

find solutions to alleviate the hardship of the people.

Governor of the central bank welcomed the meeting conducive to common


He stressed that he works in earnest to alleviate the suffering. He

said the real problem is Libya dependent on only one source of

revenues which is Libya.

We know losses from halting oil exports which is 160 million dollars,

political divisions expressing readiness to cooperate with the

control body.

Source: Libya News Agency