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The Central Bank Governor chairs high-level consultations with the International Monetary Fund on economic reform and enhancing stability in Libya.

Pulbished on:

Tunis, April 14, 2025 (LANA) - The Governor of the Central Bank of Libya (CBL), Naji Mohammed Issa, and his deputy, Marai Muftah Al-Barassi, chaired the Article IV consultations session held between the CBL and the International Monetary Fund (IMF), on Monday. The session was attended by specialized technical teams representing a number of Libyan sovereign entities.

Representatives from the Ministries of Finance, Economy and Trade, Planning, Labor and Rehabilitation, Justice, Education, and Health participated in the session, held in Tunis, along with the Audit Bureau, the National Oil Corporation, the Administrative Control Authority, and the Bureau of Statistics and Census.

The CBL said in a statement that the meetings are part of an assessment of the economic and financial situation in Libya, with the aim of supporting economic reform efforts, which will contribute to achieving financial stability and promoting sustainable growth in the country.

The session included a detailed review of the national economy's performance in 2024, the fiscal, monetary, and trade policies pursued, and a review of the measures taken by the Central Bank of Libya during the first quarter of 2025, as part of efforts to enhance transparency and achieve better indicators at the local and international levels.

..(LANA)...