cbl

The Deputy Special Representative of the Secretary-General and Acting Head of the United Nations Support Mission in Libya, Stephanie Koury, commended the measures taken by the Central Bank of Libya (CBL) to stabilize the dinar and alleviate the liquidity crisis, according to a post she published on X on Monday.

Koury said that on Sunday she held her first meeting with the Governor of the Central Bank of Libya, Naji Issa, since he assumed his position last month; and she congratulated him "on the trust placed in him during this delicate period."

She explained that the meeting, which was held at the headquarters of the Central Bank of Libya, also discussed future plans to ensure the effective and accountable management of the Central Bank of Libya's resources, and to create a stable economic climate.

Koury added that the Governor of the Central Bank of Libya reaffirmed the commitment of the CBL's board of directors to adopting the highest standards of professionalism and good governance, in addition to avoiding any conflict of interest.

A few days ago, the CBL began distributing cash shipments through commercial bank branches and ATMs in order to address the cash shortage crisis within a set of economic measures that included opening credits, enhancing liquidity, and selling foreign currency in double quantities.