‘The bank seeks to strengthen the Libyan dinar, regulate the foreign exchange market, and provide liquidity,’ Issa says.

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Tripoli: Governor of the Central Bank of Libya (CBL), Naji Issa, affirmed that the bank’s short-term plan aims to strengthen the Libyan dinar, regulate the foreign exchange market, provide liquidity, and expand all kinds of electronic payments.

This came during Issa’s meeting with experts from the International Monetary Fund (IMF) mission on the sidelines of the annual meetings of the IMF and the World Bank held in Washington.

In the meeting, they agreed to continue holding Article IV consultations to assess the status of the Libyan economy and improve the quality of data and macroeconomic indicators, in addition to assessing the governance frameworks followed in the Libyan banking sector.

Source: Libyan News Agency