Custom Authority Welcomes Government Call to CBL to Endorse Exchange Rate.
Pulbished on:
Tripoli, 7 March 2016(Lana) The Custom Authority has welcomed a
call by the National Salvation Government to the Central Bank of
Libya, to endorse the exchange rate, which could ensure stability
of the market, provide foreign currency for trade and personal needs,
and end the black market.
In a statement, a copy of which was obtained by the Libyan news
agency, the authority highlighted the recommendations made by the
government-appointed ad hoc committee, on participation of the
Ministry of Economy and the Ministry of Finance through the Custom
Authority in the letter of credit procedures, given that the two
ministries are the bodies responsible for executing the country's
financial and commercial policies.
=Lana=