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CBL Discuss Opening Letters of Credit for Basic Goods.

Pulbished on:
Tripoli, 6 April 2016(Lana) The Central Bank of Libya has discussed at an extended meeting acceleration of opening letters of credit for basic goods imports. The meeting which was held at the CBL headquarters dealt with the difficulties facing importers of basic commodities, and the proposals put forward by the Bank to overcome these difficulties. The importers welcomed the measures introduced by the CBL which call for letters of credit to be opened through the bank network, and the allocation of 3,150 billion for goods imports, saying the amount meets the needs of the Libyan market in the coming period. =Lana=