The Governor of the Central Bank of Libya, Al Siddiq al Kabir, was received today at the Elysée by the French special envoy to Libya, Paul Soler, and by the French ambassador, Mustafa Maharaj. Furthermore, in the Paris meeting there was also talk of the "measures" that the Central Bank intends to undertake regarding the counterfeit dinars "of unknown origin" which would have been placed on the national market generating "effects on the parallel exchange rate", i.e. Finally, the meeting "discussed France's role in supporting the Central Bank of Libya's efforts to address economic and financial problems." Al Kabir stated that the Central bank has difficulty meeting the local market's foreign exchange needs from September 2023, in light of the growing volume of government spending. The 34 parliamentarians strongly criticized the idea of introducing taxes and commissions on currency transactions, arguing that this would lead to an increase in the parallel exchange rate, resulting in economic distortions and opening up to corruption.
