CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system - News Summed Up

CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system


Prohibiting imports and exports except through banking transactionsThe CBL Governor also addressed PM Abd Alhamid Aldabaiba, urging him to direct the Ministry of Economy to issue a decree prohibiting import and exports except through banking transactions. Implementing genuine economic reformsThe Central Bank has also continued to urge all relevant parties to implement genuine economic reforms to improve the economic situation and benefit citizens’ living standards. This includes proposing a package of measures to raise the value of the Libyan dinar, ensure the availability of cash liquidity, and reduce the general price level and inflation rate. Governor Issa’s promises unfulfilledIt will be recalled that CBL Governor Naji Issa had promised in August this year that the LD will strengthen to under LD 7 per dollar on the black-market and that the cash crises will end by 1 October this year. Neither aims have been achieved.


Source: Libya Today December 19, 2025 18:23 UTC



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