Under the banner ‘‘The role of the banking sector in stimulating growth and strengthening the Libyan economy and reducing stagnation‘’ Taher Jehaimi, who has held several top positions including a stint as Governor of the Central Bank of Libya (CBL) and Minister of Planning on more than one occasion, will preside over the 4th Annual Libya Banking Sector Forum to be held in Tunis from 8 to 9 November.
Jehaimi will say in his opening speech that Libya’s banking sector has failed over the last few decades to keep up with banking developments in the rest of the world. This includes the various banking services and products and banking technology as well as gaining the trust of customers.
Furthermore, he will add that these qualitative aspects are important for strengthening the Libyan banking sector, enhancing economic growth, and addressing the problems of liquidity and other bottlenecks faced by bank customers.
During the event, forum guests will discuss in six sessions over two days, the following topics:
First Topic: Stagflation during the period 2019-2022: International experiences (a review of the experiences of developing, Arab and oil countries that have been subjected to stagflation (if any). The state of the Libyan economy (presenting the experience of the Libyan private sector during the period).
Second Topic: The role of fiscal and monetary policies in addressing stagnation and inflation, the opportunities and the obstacles.
Third Topic: The role of banks in revitalizing the economy: available and absent mechanisms from the Libyan market.
Fourth Topic: Post-paid tools in banks and financial technology companies and their role in economic activity.
Fifth topic: The role of banks in developing micro-enterprises and entrepreneurship: successful experiences and absent incentives.
Sixth Topic: The role of regional banks in supporting and stimulating intra-trade with neighbouring countries and reducing the effects of the supply chain crisis.
Seventh Topic: The missing role of the financial market sector in revitalizing the economy: Towards mechanisms for returning to the financial sector