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The Central Bank of Libya signs a memorandum of understanding to establish the National Fund for Economic Empowerment.

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Saudi Arabia, April 30, 2024 (LANA) - The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, signed a memorandum of understanding yesterday, Monday, in the Saudi capital, Riyadh, to establish the National Fund for Economic Empowerment, in the presence of a number of ministers of the Government of National Unity and international institutions.

The Central Bank stated that the fund, which aims to support and finance micro, small and medium enterprises in Libya, is a contribution from the Central Bank of Libya in activating the role of the private sector with the Chairman of the Islamic Development Bank (IsDB) Group, “Mohamed Al-Jasser.”