The International Monetary Fund's expert mission kicked off its meetings in Tunisia on Monday in advance of consultations on Article IV of the Agreement Establishing the International Monetary Fund (IMF) for the year 2024, hosted by the Central Bank of Libya (CBL).
According to the CBL, the mission’s meetings will continue until next Thursday, with the participation of representatives of the State Audit Bureau and the National Oil Corporation, in addition to representatives of the ministries of finance, economy and trade, and labour and rehabilitation.
The participants will address economic and financial developments in Libya, policies related to economic growth, financial stability, exchange rate policy, and enhancing the value of the national currency.
They will also review the progress made in combating money laundering and terrorist financing, besides other topics related to Libya's economic policies.
Last March, the IMF and the CBL engaged in week-long discussions on Article IV, following a decade of suspension.
Article IV of the Agreement Establishing the International Monetary Fund stipulates bilateral discussions with member countries, which typically take place on an annual basis.