Government Asks CBL to Endorse Exchange Rate.
Pulbished on:
Tripoli, 1 March 2016(Lana) The National Salvation Government has
asked the Central Bank of Libya to endorse the exchange rate through
which it could ensure monetary stability of the market.
The Government demanded in its letter to the CBL that the
Ministries of Finance and Economy be engaged in the letter of credit
procedures through the custom authority, given that the two
ministries are the bodies responsible for executing the country's
financial and commercial policies.
The NSG has set up an ad hoc committee to follow up the economic
crisis in the country since November 2015.
=Lana=