Washington, April 13, 2026 In a move reflecting the confidence of international financial institutions in the strength of the Libyan banking system, Mr. Naji Mohammed Issa, Governor of the Central Bank of Libya, and his accompanying delegation held a meeting with Atilla Csajbok, Head of the Monetary and Capital Markets Department at the International Monetary Fund, along with a high-level team, on the sidelines of the 2026 Spring Meetings in Washington, D.C.

The meeting served as a qualitative dialogue platform focused on strengthening Libya’s partnership with the IMF in several critical areas, including technical assistance for capacity building in reserve management and foreign exchange operations, methodologies for assessing the exchange rate of the local currency against the Special Drawing Rights (SDR) basket, development of banking supervision, and advancing financial stability through the implementation of rigorous stress testing frameworks, in addition to full compliance with anti-money laundering and counter-terrorism financing standards.

The discussions also reviewed future aspirations for technical assistance in governance and internal audit functions. Ms. Csajbok and the IMF team highly commended the notable efforts undertaken by the Central Bank of Libya, particularly praising its progress toward institutional independence through the implementation of the “Central Bank Transparency Code (CBT-Code),” a milestone achievement considered a significant leap forward and a model to be followed.

At the conclusion of the meeting, both sides emphasized the importance of continuing and strengthening this technical support in the coming period, in line with a shared vision for a more transparent, efficient, and stable Libyan financial system.