The Governor of the Central Bank of Libya (CBL), Naji Issa, held and participated in several meetings during his participation in the IMF Spring Meetings 2026 held at the IMF’s headquarters in Washington DC from 13 to 18 April.
US Assistant Secretary of the Treasury for the Middle East and Africa
The Governor of the CBL met with the US Assistant Secretary of the Treasury for the Middle East and Africa to discuss several issues of mutual interest. These included reviewing the latest developments in Libya’s financial and economic situation and following up on the initiatives launched by the CBL to implement economic reforms.
The meeting also focused on strengthening mechanisms for conducting foreign transactions with the US Federal Reserve, curbing corruption and the smuggling of foreign currency out of Libya, particularly through letters of credit and the parallel market, and the associated risks of money laundering and terrorist financing. The meeting also addressed the CBL’s plan, procedures, and regulations for initiating the periodic distribution of US dollars in cash through commercial banks, exchange companies, and money exchange offices.
CBL Governor Issa chairs strategic meeting with leading US companies
CBL Governor Issa chaired a strategic meeting in Washington with the US Libyan Business Association (US-LBA), attended by representatives from leading American companies in the energy, technology, and infrastructure sectors, including Chevron, Motorola, and Energy Capital Power.
The Governor emphasized the CBL’s full support for the return of American companies to the Libyan market, stressing the importance of removing all administrative and financial obstacles and providing a safe and transparent investment environment that guarantees investors’ rights and facilitates their financial transactions. He noted that Libya has become a fertile ground for investment and that the CBL is working according to a clear vision to support international partnerships, contributing to economic diversification and achieving sustainable development.
CBL Governor meets Visa card company
CBL Governor Issa met with officials from Visa, as part of a series of meetings held by the Governor to promote financial inclusion in Libya, by stimulating the expansion of electronic payment services, and supporting the CBL’s efforts to tighten control over financial transactions and regulate them, in accordance with international standards for combating money laundering and terrorist financing.
Governor Issa participated in meeting of finance ministers and bank governors
The Governor participated in the meeting of finance ministers and central bank governors of the Middle East, North Africa and Pakistan group, which was held with the Managing Director of the International Monetary Fund, on the sidelines of the 2026 Spring Meetings of the IMF and the World Bank in Washington, D.C.
Discussions with JPMorgan
Governor Issa, discusses with officials of JPMorgan Bank in Washington, D.C., a number of topics of common interest, foremost of which are international economic developments and geopolitical developments in the Middle East, within the framework of continuous coordination to enhance financial stability, diversify the sources of foreign exchange reserves, and keep pace with the best international practices in managing and developing these reserves in accordance with cooperation agreements with international institutions.
Discussions with IMF
The Governor discusses with the Deputy General Counsel for Legal Affairs at the International Monetary Fund (IMF) the strengthening of technical and legal cooperation between the two institutions, especially with regard to the legislative and legal frameworks that the Bank intends to launch, especially the draft law on combating money laundering and the financing of terrorism, the update of the amended Banking Law and the update of the regulation on the licensing of electronic payment companies.
