Washington welcomes the announcement of the reunification of the CBL.
Pulbished on:
Tripoli, August 21, 2023 (Lana) The United States welcomed the announcement of the reunification of the Central Bank of Libya (CBL) as a critical step for Libya's economic stability and development.
The U.S. Embassy confirmed that this step is considered an important example of reconciliation across all state institutions to lay the groundwork for elections.
"We encourage CBL leadership to follow today's productive meeting with concrete measures toward full integration of financial and oversight systems, including by activating the CBL board, strengthening the AML/CFT regime, and addressing past counterfeit currency issuance and parallel spending," the embassy added.
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