The Governor of the Central Bank of Libya, Naji Issa, and his accompanying delegation, met yesterday with Kenji Okamura, Deputy Managing Director of the International Monetary Fund, in the presence of high-level directors of the Fund’s departments.
The meeting was held during Governor Issa’s attendance of the 2025 Spring Annual Meetings of the IMF and the World Bank held this week in Washington, D.C.
The CBL reported that the two sides discussed the outcomes of the Article IV consultations and the efforts of Libyan institutions in providing data and information.
They also discussed the initiative of the Governor in addressing the structural imbalances that the Libyan economy suffers from, and his short-term vision to get out of the crisis through the proposed economic reform package, the most important of which is the unification of public spending, and the review of trade and financial policies.
The CBL reports that Governor Issa’s initiatives were welcomed by all, with the representatives of the Fund expressing their desire to contribute to providing the necessary technical support and advice that the Central Bank may need at this stage, especially around the exchange rate and strengthening the value of the Libyan dinar.
