H.E. Mr. Naji Issa, Governor of the Central Bank of Libya, held an expanded meeting on the morning of Sunday, April 26, 2026, with the General Managers of major commercial banks, in the presence of directors of relevant departments at the Central Bank. The meeting was convened as part of his efforts to address all obstacles facing citizens in accessing foreign currency in cash with ease and efficiency.

During the meeting, the mechanism for selling U.S. dollars in cash was reviewed, with an allocation of one billion dollars to be disbursed in two tranches. Emphasis was placed on the readiness of commercial banks to fully comply with the Central Bank of Libya’s instructions. The participants also discussed ways to enhance the electronic booking system, agreeing to further simplify booking procedures to ensure ease of use for all citizens and to increase uptake of personal foreign currency allocations.

In line with ensuring the secure distribution of currency, the meeting stressed the importance of tightening the security plan for receiving and distributing cash dollar shipments to the head offices of banks and their approved branches serving as distribution points across Libya.

The meeting concluded with agreement on the following:

1. Immediate commencement of disbursement for bookings: Starting Monday, April 27, 2026, banks will begin receiving individuals’ allocations from the Issuance Department at the Central Bank of Libya, based on the sequential booking priority in the foreign currency booking system.
2. Strengthened first tranche: An amount of one billion dollars has been allocated as a first tranche to commercial banks, of which 500 million dollars will be delivered tomorrow, with continued supply of additional shipments based on actual demand recorded in the system.
3. Start date for cash dollar disbursement to citizens: The distribution of cash dollars to individuals will begin at the start of next week, Sunday, May 3, 2026, allowing banks sufficient time to complete all logistical and technical arrangements and to reach booking levels aligned with the targeted allocation by next Wednesday.

The Central Bank of Libya reaffirms its commitment to providing foreign currency for all purposes in accordance with the highest standards of security and transparency, and commends the cooperation of commercial banks in ensuring the success of this plan, which falls within the Bank’s policies to maintain currency stability and meet citizens’ needs.