The Speaker of Libya’s House of Representatives, Counselor Aguila Saleh, held a meeting with Central Bank Governor Naji Mohammed Issa on Thursday evening in Al-Qubbah to address strategies for tackling current economic and financial challenges.
Key discussion points included:
– Enhancing fiscal sustainability and streamlining public expenditure.
– Safeguarding Foreign Currency Reserves to stabilize the market.
– Strengthening collaboration between legislative and financial authorities to align policies.
Both officials emphasized the critical need to modernize banking systems, particularly by advancing electronic payment services and upgrading financial infrastructure. They also highlighted the importance of enacting legislation to bolster the banking sector’s long-term stability.
