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05.12.24 - 14:45
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Libya′s central bank to print 30 billion dinars to ease liquidity shortage (Reuters EN)
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Libya's central bank to print 30 billion dinars to ease liquidity shortage TRIPOLI, Dec 5 (Reuters) - The Central Bank of Libya (CBL) said on Thursday it had contracted British banknote printer De La Rue to print 30 billion dinars ($6.250 billion) in order to "solve the liquidity shortage problem" at the country's commercial banks. The central bank said last Sunday that the liquidity shortage problem would be "gradually solved" as of January in accordance with a plan approved by the board of dir...
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27.09.24 - 16:42
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Libya central bank deal could resolve ′all political issues′, says head of state (The Guardian)
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Mohamed al-Menfi defends dismissal of previous governor and says deal will bring back international accountabilityA deal backed by leaders on both sides of Libya's political divide to appoint a new central bank governor has the potential “to resolve all the political issues” in the country, Libya's head of state has said.Mohamed al-Menfi, the president of Libya's Presidential Council who is largely aligned with the UN-recognised government in Tripoli, was accused of acting unilaterally and propelling the country into fresh turmoil when in August he dismissed the previous long-serving bank governor, Sadiq al-Kabir, who then fled into exile. Continue reading......
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