The Governor of the Central Bank of Libya (CBL), Naji Issa, has met with the International Monetary Fund (IMF) to discuss the latest developments in Libya’s economic and financial situation, and the CBL role in resolving the country crisis.
This meeting took place between Issa and Jihad Azour, Director of the Middle East and Central Asia Department at the IMF, on the sidelines of the annual meetings of the IMF and the World Bank being held this week in Washington, D.C.
According to a CBL statement on its Facebook page, the Governor presented his vision for the upcoming phase, outlining key priorities and issues the bank seeks to address in both the short and long term.
The IMF, in turn, welcomed early signs of success in the measures implemented by the Central Bank to solve the liquidity shortage, the agreement among parties to unify the national budget, and the reforms aimed at gradually strengthening the Libyan dinar against foreign currencies.
The meeting concluded with an affirmation of the need to support the Governor and the CBL in the success of their initiative, both domestically and internationally, according to the statement.
