Conducting 2024 Article IV consultations between the Central Bank of Libya (CBL) and the International Monetary Fund (IMF) for the second day.
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Continuing consultations Article IV for the second day on 2nd of May, 2024, in Tunisia between the Central Bank of Libya(CBL) and the mission of experts from the International Monetary Fund (IMF). The discussions have covered the Central Bank’s efforts to maintain financial sustainability for the country despite challenges, besides its endeavors to enhance the infrastructure for effective banking supervision. Other topics include the balance of payments position, foreign exchange reserves, assessment of the banking sector, and a focus on operational aspects related to combating money laundering, terrorist financing, and plans for expansion in financial technology and innovation.