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CBL adopts a short-term strategic plan to develop and regulate monetary policy in the country.

Pulbished on:

Tripoli 11 November 2024 (Lana) Board of Directors of the Central Bank of Libya (CBL), during its first meeting, adopted a short-term strategic plan to develop and regulate monetary policy in the country.

The bank said in a statement that its strategic plan, which comes within a specific time frame (90) days, includes a set of initiatives to develop its business and enable it to carry out its assigned role in the area of regulating monetary policy, exchange rate policy, effective regulatory methods, and activating the role of the Monetary Policy Committee in the bank.

The bank confirmed that this plan comes within the framework of its efforts to consolidate the confidence of those dealing with the Libyan banking sector by adopting the principles of disclosure and transparency.

The Board of Directors held its first meeting yesterday, headed by the governor and his deputy and attended by all its members, to discuss and take a number of decisions on important issues in the country.

=Lana=