By Libya Herald reporters.
Tripoli and Tunis, 21 June 2017:
Tempers are fraying as despite the declared efforts of the Presidency Council (PC) banks, particularly in Tripoli, still have insufficient cash to meet demand, which becomes a critical issue as the end of Ramadan approaches.
Millions of dinars of new bank notes may be arriving from printing houses in the UK and Moscow in the west and east of the country at Mitiga and Labraq airports, but there is precious little sign of any easing of the liquidity crisis that continues to afflict the entire banking system.
Customers are still queuing for severely limited access to their savings. The heat and challenges of Ramadan observance compound the difficulties of what was once the relatively simple business of withdrawing money for a bank.
In Tripoli’s Ghout Al-Shaal district yesterday the interminable queues even to get inside a branch before it closed its doors proved too much for one frustrated customer who began throwing stones at those ahead of him outside the building. He was restrained but, according to one eye-witness, was not thrown out of his place in the queue.
