Mohamed al-Menfi, the head of the Presidential Council, hosted Nagi Issa, the Governor of the Central Bank of Libya, at the Council’s headquarters in the capital, Tripoli, on Wednesday. During the meeting, the Governor presented a detailed briefing on the reform measures being implemented by the Bank, outlining the latest economic developments.
Issa further explained the focus areas of the current plan, which are fundamentally aimed at achieving monetary stability and establishing institutional discipline. This strategy focuses on enhancing governance and transparency, as well as developing financial disclosure mechanisms, to strengthen the overall effectiveness of the banking sector.
The Central Bank Governor confirmed the institution’s commitment to supporting the market by ensuring the necessary cash liquidity is supplied to commercial banks in the coming period. This measure is intended to strengthen the banking system’s capacity to meet the needs of citizens and various economic sectors, thereby contributing to market stability.
