Governor of the Central Bank of Libya and Minister of Economy and Trade consider effective means of coordination between monetary and trade policies
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Monetary and trade policies harmonize and consolidate efforts to address economic volatility and stabilize prices ,according to the objectives of Central Bank of Libya's strategy to control inflation variables and exchange rates. This was emphasized during the meeting between the Governor of Central Bank of Libya, H.E Naji Mohamed Issa, and the Minister of Economy and Trade of the Government of National Unity, Mohamed Al-Hawij, on Monday 18th November 2024.
The meeting resulted in an agreement to establish a joint working group comprising economic researchers. This group will focus on studying the market's needs for goods and services, encouraging local industries, and proposing practical and sustainable solutions.