The Governor of the Central Bank of Libya, Naji Issa, discussed with a delegation from the British company De La Rue, which specializes in printing banknotes, the latest developments in implementing contract annexes related to printing different denominations of the Libyan currency worth 30 billion dinars.
He discussed with the delegation, which included the company's CEO, Clive Fisher, and its regional manager, Michael Wilson, the schedule for receiving the various shipments of currency. Issa stressed the need for the company to adhere to the dates agreed upon in the delivery schedules and to work on this without delay, with the importance of concerted efforts between the company and the bank's currency printing and minting committee, which leads to implementing the annexes of the printing contracts concluded with the company without obstacles, in support of the vision and directions of the CBL's board of directors in this regard.
Last Sunday, the CBL announced contracting to print 30 billion dinars to inject them into the banking sector and replace the old currency. Issa held successive meetings with the directors of the relevant departments in the CBL, the liquidity team, and the general managers of the banks suffering from a lack of liquidity in their branches in order to determine the Central Bank’s plan to solve the problem of cash shortages.
