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The Governor of the Central Bank of Libya announces the launch of the National Strategy for Financial Inclusion.

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Tripoli, June 15, 2025 (LANA) - The Governor of the Central Bank of Libya, Naji Issa, announced the launch of the National Strategy for Financial Inclusion in Libya 2025-2029.

In his speech at the opening of the first edition of the Electronic Payments Exhibition and Forum in Tripoli on Sunday, he said that this strategy represents a national, ethical, and professional commitment to all segments of society.

The Governor emphasized that the strategy, prepared by the Central Bank with national competencies, aims to provide safe, affordable, and accessible financial services, with strict protection of personal data.

The Governor also announced the launch of a number of major accompanying projects, most notably the Financial Inclusion Accounts Project targeting financially excluded groups; a banking data protection system to ensure the confidentiality and privacy of individual information; support for the country's digital transformation through the full digitization of government payments; localizing the infrastructure for foreign exchange payments under the supervision of the Central Bank; preparing a legal and technical framework for digital and encrypted currencies; launching a digital banking identity to facilitate electronic transactions; and providing internal money transfers through a national platform without the need for a bank account.

The Governor concluded his speech by emphasizing that these projects pave the way for a modern, more just, and inclusive digital economy that enhances financial stability and development in Libya.

The Governor of the Central Bank of Libya inaugurated the first edition of the Electronic Payments Exhibition and Forum, held at the Tripoli International Fairgrounds. Organized by the General Authority for Exhibitions and Conferences, the event saw broad participation from commercial banks and electronic payment companies.

Issa emphasized that holding this event falls within the framework of the Central Bank of Libya's drive to promote digital transformation and expand financial inclusion, emphasizing the importance of developing the digital infrastructure of the banking sector and keeping pace with the latest technologies in the field of electronic payments.