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2025-03-16

3:12 AM

All News ..All Truth.. The Libyan Platform

2025-03-16 3:12 AM

World Bank pledges support as Libyan Central Bank seeks economic stability

World Bank pledges support as Libyan Central Bank seeks economic stability

Governor of the Central Bank of Libya, Naji Mohammed Issa, convened with a high-level World Bank delegation led by Vice President Ousmane Dione on Wednesday, signaling a push for greater economic cooperation. The focus was on the World Bank’s proposed initiatives, encompassing technical expertise, a detailed assessment of Libya’s financial landscape, and measures to improve transparency and digital infrastructure.

The World Bank team expressed approval of the Central Bank’s recent policy shifts and structural reforms aimed at stabilizing the nation’s economy. Notably, they emphasized the crucial role of an independent central bank in navigating Libya’s current economic challenges.

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