Al-Kabir participates in Annual Conference of Mediterranean Central Banks

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Al-Kabir participates in Annual Conference of Mediterranean Central Banks

November 02, 2022 - 10:15
Written by: LibyaMohammed

The Governor of the Central Bank of Libya (CBL), Al-Siddiq Al-Kabir, has participated in the seventh Annual Conference of Mediterranean Central Banks, which was held at the regional headquarters of the Organization for Economic Cooperation and Development in Istanbul, according to the CBL media office.

In a speech during the conference, Al Kabir spoke about the role of banks in light of the existing global challenges, and the importance of coordination between monetary and fiscal policy to curb inflation.

He also pointed out the need for central banks to operate with more flexible and independent monetary policies, while ensuring full coordination between economic policies.