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More new banknotes delivered to Central Bank in Tripoli

byMichel Cousins
February 24, 2017
Reading Time: 1 min read
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More new banknotes delivered to Central Bank in Tripoli
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By Alessandra Bocchi.

CBL delivery
Newly printed banknotes being delivered at Mitiga (Photo: CBL)

Tunis, 23 February 2017:

The Central Bank of Libya (CBL) in Tripoli has taken delivery of another LD 250 million, flown in yesterday to Mitiga airport from the British printers.

According to the CBL, it is the fourth shipment this month, the hope being that by putting more cash into the system it will reduce the liquidity problems being faced by so many ordinary people,

The money will distributed to commercial banks throughout Libya, but will focus on the hardest-hit regions. LD 40 million is being sent to Sebha, struggling to regain economic and political stability.

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