Governor of the Central Bank of Libya, H.E. Naji Mohammed Issa, held a meeting with the Chairman and Chief Executive Officer of the Federation of Industry, in the presence of a number of department directors at the Central Bank of Libya and a group of suppliers, to discuss and address the challenges related to the importation of essential food commodities ahead of the holy month of Ramadan on Sunday, 15/02/2026. This is aimed at positively impacting the prices of these goods and their supply system in the coming months, in line with their cost and ensuring affordability for citizens amid the current shortage.

During the meeting, it was urgently agreed that suppliers will import 2.5 million boxes of cooking oil to be made available during this week and the next. In addition, letters of credit have been opened for cooking oil valued at USD 100 million, equivalent to 6 million boxes, along with facilitating all procedures related to the import of essential commodities to compensate for the existing shortage in the market. It was also agreed to hold periodic meetings to monitor market conditions and ensure the regular flow of goods.

The Libyan 20-dinar banknote printed on polymer in 2025 has won the award for the Best Banknote Designed and Printed in 2025. This achievement took place during the “High-Security Printing” Forum, held at the European, Middle Eastern, and African levels in the Moroccan capital, Rabat, from February 9 to 11.

This award demonstrates the Central Bank of Libya’s commitment to issuing a national currency with high technical standards, incorporating advanced security features that make counterfeiting difficult, in addition to strong aesthetic design elements that enabled the banknote to win this prestigious prize.

The Central Bank of Libya announces its invitation to commercial banks to subscribe to Issue No. (4–2026) 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.

The Central Bank of Libya announces its invitation to commercial banks to subscribe to Issue No. (1-2026) of Absolute Murabaha Certificates of Deposit, in accordance with the procedures and regulations applied in previous issuances, and according to the terms and maturity dates specified in the subscription announcement.

The Central Bank of Libya held an expanded meeting with exchange offices and companies on Thursday, 01 January 2026, to regulate the mechanism for supplying them with foreign currency and facilitating financial transfers.

The meeting, attended by representatives of offices and companies operating in the sector, aimed to present the new mechanism for funding their foreign currency accounts through the Central Bank of Libya, as well as clarifying how it will be utilized in carrying out their assigned activities.

The mechanism consists of two phases: the first covers fast cash transfers through specialized companies (such as Western Union and MoneyGram), while the second involves direct transfers (SWIFT MT103 messages) through the bank accounts of these offices held with operating commercial banks.

Participants discussed the operational and technical aspects of the mechanism. The Central Bank of Libya delivered a detailed presentation and responded to inquiries, confirming the commencement of practical steps to activate and test the dedicated systems during January 2026.

The Central Bank also emphasized that all these measures will be implemented in accordance with the applicable regulations and instructions.