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Governor of the Central Bank of Libya Meets the Minister of Interior of the Government of National Unity to Follow Up on the Regulation of the Foreign Exchange Market and Strengthen Joint Cooperation

Following up the implementation of the outcomes of previous meetings, H.E. Naji Issa, Governor of the Central Bank of Libya, met today, Wednesday 01/07/2026, at his office with the Minister of Interior, Mr. Imad Al-Trabelsi, of the Government of National Unity.

The meeting discussed the latest developments in implementing the measures and directives that had been agreed upon, and strengthening coordination between the two institutions, particularly with regard to regulating the foreign exchange market, and monitoring the procedures for issuing licenses to exchange companies and bureaux in accordance with approved regulations. It also reviewed ensuring compliance by relevant entities with the rules and requirements governing this activity, in a way that contributes to combating negative practices and reducing unlawful activities.

The Minister of Interior also presented the executive steps taken to develop the electronic payment mechanisms for fees related to services provided by the Ministry of Interior and its affiliated entities. This aims to facilitate payment procedures, enhance service efficiency, accelerate transaction processing, and reduce reliance on cash transactions, while benefiting from the national electronic payment infrastructure supervised by the Central Bank of Libya.

Governor of the Central Bank of Libya Meets with a Member of the House of Representatives to Strengthen Coordination Between the Legislative Authority and the Central Bank of Libya

Governor of the Central Bank of Libya, H.E. Naji Issa, received at his office on Tuesday, 30 June 2026, Mr. Al-Hadi Al-Sagheer, Member of the Libyan House of Representatives and member of the Committee for the Unification of the Central Bank of Libya.

The meeting comes as part of ongoing efforts to strengthen coordination and cooperation between the legislative authority and the Central Bank of Libya in support of economic and financial reforms aimed at promoting monetary and financial stability.

The discussions also covered a number of issues related to the work of the Central Bank of Libya and the continued coordination required to advance national economic priorities.

Governor of the Central Bank of Libya Discusses Support for Financing Development Projects in Southern Libya with the Deputy Prime Minister

Governor of the Central Bank of Libya, H.E. Naji Issa, Meets with the Deputy Prime Minister to Discuss Financing for Development Projects in Southern Libya

Governor of the Central Bank of Libya, H.E. Naji Issa, met at his office on the morning of Tuesday, 30 June 2026, with the Deputy Prime Minister, Eng. Salem Al-Zadma, in the presence of the Minister of Housing and Construction, Eng. Essam Al-Tamoni, and the Director of the Investment Department, Dr. Ali Rahouma.

The meeting focused on mechanisms for securing the financing required for priority development and public service projects across the various regions of southern Libya by ensuring the availability of the financial resources necessary to implement high-priority projects. These efforts aim to address citizens’ needs and help overcome the development challenges facing the southern regions.

Discussions also covered a number of key development priorities, including infrastructure projects, road and transportation networks, support for the healthcare and education sectors, the rehabilitation and modernization of educational institutions, and the completion of the necessary financial procedures to accelerate the implementation of development and service projects. The participants emphasized the importance of translating government plans and programs into tangible projects that deliver direct and measurable benefits to citizens.

For his part, the Minister of Housing and Construction stressed the importance of coordinated national efforts to advance the housing sector in Libya. He also highlighted the need to establish a clear framework for the participation of state-owned commercial banks in stimulating economic activity and supporting urban development projects, contributing to the rehabilitation of deteriorated urban areas and the achievement of sustainable development through well-planned and systematic measures.

Announcement:

The Central Bank of Libya announces its invitation to commercial banks to subscribe to Issue No. (19–2026) of unrestricted Mudaraba Deposit Certificates, in accordance with the procedures and controls followed in previous issuances, and in line with the tenors and maturity dates specified in the subscription announcement.

Governor of the Central Bank of Libya, and Emad Trabelsi discuss shared economic and security files

An expanded meeting was held at the Central Bank of Libya on Monday, May 18, 2026, bringing together H.E. Naji Mohammed Issa, Governor of the Central Bank of Libya, and Major General Emad Trabelsi, Minister of Interior, in the presence of senior leaders from ministry’s security agencies and several department directors from the bank. The meeting focused on discussing shared economic and security issues affecting the banking sector and the country’s financial stability.

At the beginning of the meeting, the Minister of Interior commended the efforts of the Central Bank of Libya in providing U.S. dollar cash to citizens through commercial banks after years of interruption. He also praised the remarkable progress in the electronic payment system, which has witnessed significant expansion, increased usage rates, and higher transaction volumes.

For his part, the Governor expressed appreciation for the role of the Ministry of Interior and its affiliated agencies, highlighting the level of ongoing security cooperation with the bank, particularly the efforts of the Facilities and Installations Security Authority in securing bank branches and protecting cash transportation shipments.

The meeting also addressed a joint action plan aimed at limiting and eliminating negative phenomena in the Libyan economy, including the parallel foreign exchange market, due to its harmful impact on the national economy and exchange rate stability, as well as its direct effects on citizens’ daily lives. Discussions also covered efforts to curb the smuggling of goods across land borders and the phenomenon of imports conducted outside the banking system, which contribute to the entry of substandard and prohibited goods into the country.

At the conclusion of the meeting, it was agreed to establish a joint task force comprising security agencies, the Ministry of Interior, and the Central Bank of Libya to develop a mechanism and strategy to combat companies and shops operating without the necessary licenses issued by the Central Bank, take strict legal measures against violators while granting them a period to regularize their status, and put an end to fictitious speculation in the market.

Nomisma praised the success of Central Bank of Libya in supplying and distributing US dollars in cash and pledged to inject record volumes during the second phase

In a step of reflecting growing international confidence, H.E. Naji Mohammed Issa , Governor of the Central Bank of Libya, received on Tuesday , 12 May 2026, senior officials from the global “Nomisma” bank, led by Mr. Vivek Tyagi, Chairman and CEO of the bank contracted to supply US dollar cash to Libya.

During the meeting, emphasis was placed on the historic success achieved by the Central Bank of Libya in resolving the US dollar liquidity crisis in cash form. The completion of the first phase of distribution to commercial bank branches across Libya (east, west, north, and south) was reviewed, achieved successfully alongside unprecedented structural reforms, most notably the modernization of compliance systems to the latest international standards and the establishment of the first regulatory framework for foreign exchange activity in Libya’s history.

Both sides confirmed full confidence in the efficiency of the banking system, commercial banks, and exchange companies in delivering US dollar cash to citizens smoothly and transparently.

For his part, Mr. Tyagi and his team praised what they described as a “qualitative transformation” led by the Central Bank of Libya, commending its commitment to international best practices and standards. They also announced their full readiness to support this process by supplying additional large volumes of US dollar cash, alongside providing advanced technical support to the Central Bank and commercial banks.

The visiting delegation also honored the Governor by presenting a symbolic first printed US dollar note, reflecting the historical depth of the currency.

The meeting concluded with both parties confirming full readiness for the launch of the second phase, with a firm agreement to supply additional dollar tranches in volumes determined by the Central Bank of Libya, in a way that meets local market needs sustainably and eliminates any future foreign currency bottlenecks.

The actual implementation of the unified financial expenditure agreement has officially commenced, with support from the Central Bank of Libya and the Embassy of the United States in Libya

An expanded meeting was held today under the auspices of the Central Bank of Libya and the Chargé d’Affaires of the U.S. Embassy, Jeremy Berndt, bringing together Central Bank Governor H.E. Naji Mohammed Issa , Deputy Governor Mr. Maree Al-Barasi, President of the Audit Bureau Khaled Shakshak, and members of the Joint Financial Committee established under the unified financial expenditure agreement, marking the official launch of the agreement’s implementation and unified spending mechanisms in a manner that supports financial stability and reinforces the principles of disclosure and transparency among various institutions.

The meeting discussed mechanisms for implementing Article (8) of the agreement, in addition to monitoring public expenditure and oil and non-oil revenues, as well as setting the necessary technical arrangements to ensure the regular disbursement of funds in accordance with the agreed mechanisms.

Participants stressed the importance of preserving and building upon the current atmosphere of consensus, while emphasizing the continuation of technical and institutional coordination to ensure the practical implementation of the agreement’s provisions and achieve the highest levels of disclosure and transparency.

Recruitment Announcement:

The Central Bank of Libya announces the opening of recruitment to attract a number of qualified national talents to join its team at its headquarters in Tripoli. This initiative comes within the framework of the Bank’s institutional development strategy aimed at enhancing institutional efficiency and elevating performance standards, in support of achieving its strategic objectives of strengthening financial and monetary stability and developing the banking sector in Libya.

This announcement reflects the Bank’s commitment to attracting and developing young graduates, while also recruiting specialized professional expertise, thereby contributing to the creation of an integrated work environment founded on competence, innovation, and knowledge sharing. In this context, the Bank is offering employment opportunities through two main tracks:

  • The first track is designated for recent graduates and applicants with no prior professional experience, through application to Recruitment Announcement No. (2026/01).
  • The second track is designated for applicants with professional experience, through application to Recruitment Announcement No. (2026/02).

The Bank invites interested applicants to review the specified terms and requirements and complete the application process through the following link:

Central Bank of Libya Careers Page

Governor of the Central Bank of Libya Chairs a Strategic Meeting in Washington with Major U.S. Companies to Enhance the Return of Investment to Libya

H.E. Mr. Naji Mohammed Issa, Governor of the Central Bank of Libya, and the accompanying delegation held an extensive meeting on Thursday morning, April 16, 2026, with the U.S.-Libya Business Association (USLBA) at its headquarters in Washington, D.C., in the presence of a distinguished group of leading American companies operating in the fields of energy, technology, and infrastructure, including Chevron, Motorola, and Energy Capital & Power.

The meeting addressed key economic developments in Libya and the Middle East and North Africa region. During the discussions, the Governor highlighted the exceptional outcomes achieved by the Central Bank through a comprehensive package of monetary and financial reforms, which have contributed to restoring monetary stability after a prolonged period of volatility and strengthening international confidence in Libya’s financial system.

In this context, the Governor emphasized the Central Bank’s full support for the return of American companies to the Libyan market, affirming the commitment to facilitating all administrative and financial procedures, and to providing a secure and transparent investment environment that safeguards investors’ rights and ensures the smooth transfer of funds.

The participating companies also reviewed the most promising investment opportunities in Libya, particularly in the following sectors:

Energy (oil and gas)
Telecommunications and digital transformation
Renewable energy and electricity

In conclusion, the Governor affirmed that Libya has become a fertile ground for investment, noting that the Central Bank of Libya is operating under a clear vision to support credible international partnerships, contributing to economic diversification and the achievement of sustainable development.

Central Bank of Libya Discusses with Numisma Bank the Continuation of Foreign Currency Supply and Ways to Strengthen Monetary Stability

H.E. Mr. Naji Mohammed Issa, Governor of the Central Bank of Libya, and the accompanying delegation met on the evening of Thursday, April 16, 2026, with Mr. Vivek Tyagi, Chairman and CEO of Numisma Bank (the contracted provider for U.S. dollar supply), and Mr. Randal Quarles, Member of the Bank’s Advisory Committee and former Vice Chair of the U.S. Federal Reserve, along with their respective teams.

The meeting reviewed the key milestones achieved under the Central Bank’s plan to restore confidence among international financial institutions, as well as the completion of the first phase of U.S. dollar supply to Libya. It also highlighted the accompanying qualitative reforms, most notably the enhancement of compliance controls and the introduction of regulatory measures governing exchange activities for the first time in the country. Discussions further covered the plan and mechanisms for distributing U.S. dollar cash, and the readiness of the banking system including commercial banks and exchange companies and offices to resume the sale of foreign currency to the public.

For their part, representatives of Numisma Bank commended the Central Bank of Libya for its efforts and its commitment to implementing international best practices and standards in executing the dollar supply and distribution plan. They also expressed their full readiness to support the Central Bank, whether through supplying additional quantities of U.S. dollar cash or by providing advisory services and technical support to the Central Bank and commercial banking teams.

At the conclusion of the meeting, both parties agreed to continue supplying U.S. dollars in line with the Central Bank of Libya’s estimates and the needs of the Libyan market, in addition to supplying other foreign currencies, including the British pound and the euro.

It is worth noting that Numisma Bank is a global distributor of U.S. dollars, euros, and other banknotes, providing reliable and efficient services to a wide range of countries worldwide. Licensed and regulated in the United States, Numisma Bank is well-capitalized and has direct access to the Federal Reserve System, including a master account and cash services.