LCB emphasize all efforts exerted to present a proposals and solutions prior to crisis.
Pulbished on:
Tripoli, 08.06.2015(Lana) The Libyan Central Bank emphasized
that, by the functions assigned to it by law as the state's economic
advisor, most notably the preservation of economic stability and the
final presentation of the prices of commodities and services by using
some available political monetary instruments, which could influence
the economic situation, the bank did not spare an effort to present
the proposals and solutions prior to the crisis.
In its report that came in response to the remarks of the audit
bureau stated in the 22014 report which are related to the activities
of the bank, the bank reminded of the measures and corresponded made
by the Central Bank concerning the crisis most notably the proposals
to confront the crisis, which in all assert its response to the
crisis at an early stage and urgently, as well as the general
situation to implement the budget, shares and deposits and the
difference between the Central Bank and the Finance Ministry and
contributions of the central bank.
= Lana =