Central Bank of Libya
‘‘From Rents to Economic Diversification: Reality - Challenges - and Transformation Policies’’ conference held in Tripoli
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Aldabaiba defends subsidies, grants, overspending, over-employment – will support housing but not corruption
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Libyan banks cannot give loans without proper collateral and regulations that allow for recourse in case of default: Tadawul Tech Chairman Naaman Elbouri
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Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul
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CBL issues new licenses to another 91 FX Bureaux – but no announcement of when they may start trading as the LD plunges to 8.17 per dollar
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State sector employment at 2.4 million is too high – but there is no financing support for the private sector to encourage its decrease
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There is no political will to implement subsidy reform: Former CBL Board Member and Deputy Finance Minister Ghait
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Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member
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