H.E. Naji Mohammed Issa, Governor of the Central Bank of Libya, with the Chairman and members of Board of Directors of Moamalat Company, along with the executive management, in the presence of a member of the Central Bank of Libya’s Board of Directors and several directors of relevant departments on Sunday, October 26, 2025.

The meeting discussed the reasons behind the interruption of the National Switch and the company’s point-of-sale services that occurred on Friday, October 24, 2025. The Governor emphasized that the National Switch system is a sovereign infrastructure representing the backbone of electronic payment services in the country, and that any interruption, regardless of duration, is unacceptable.

An agreement was reached on a set of measures to prevent the recurrence of such interruptions in the future, as well as on enhancing the availability of data centers for the National Switch. The meeting also addressed several important topics related to the development and expansion of electronic payment systems, in line with the Central Bank’s strategic direction toward digital transformation and strengthening financial inclusion.

The Governor stressed the importance of further strengthening the technological infrastructure to facilitate electronic payment operations across both public and private sectors, contributing to simplifying procedures and improving the quality of services provided to citizens.

For their part, representatives of Moamalat Company presented key performance indicators, plans, and future projects aimed at expanding the scope of electronic payment services and increasing service points in markets, commercial centers, and both public and private institutions.