Governor of the Central Bank of Libya, H.E. Naji Mohammed Issa, inaugurated on Tuesday, November 4, 2025, in Tripoli, the Banking Investment Conference and its Role in Promoting Economic Development, in the presence of Mr. Abdulhamid Dbeibah, Prime Minister of the Government of National Unity, Dr. Mohamed Takala, President of the High Council of State, a number of members and representatives of the Libyan House of Representatives, several members of the Board of Directors of the Central Bank of Libya, as well as a number of ministers from the Government of National Unity, directors of departments at the Central Bank, representatives of major international companies, and a group of economic and academic figures from inside and outside Libya.

The conference aims to diagnose the current state of the Libyan economy and banking sector, analyze the role of the banking sector in economic growth, and discuss its contribution to economic development in light of international experiences. It also seeks to provide recommendations to policymakers on mechanisms to enhance the role of the banking sector in driving genuine economic growth.

In his speech, the Governor emphasized the importance of strengthening cooperation and joint efforts to address the economic and financial challenges facing the Libyan economy and the development process.

He further stressed that the banking sector represents a fundamental pillar of the financial system and a key contributor to economic growth, through its financial, credit, and investment services that support productive sectors.

The Governor added that, despite its financial potential, the contribution of the Libyan banking sector to economic activity remains limited and below expectations, due to the heavy reliance of the national economy on the energy sector and the lack of diversification in sources of income.