Tripoli – Abdul Hamid Dbeibah, Prime Minister of the Government of National Unity, discussed a number of priority economic and financial files. He met on Sunday with Naji Issa, Governor of the Central Bank of Libya. These files included the mechanism for opening documentary credits for importing basic goods. This ensures their availability in the local market. It also maintains price stability.
During the meeting, both parties discussed the issue of cash liquidity in commercial banks. They also discussed mechanisms for providing it. These mechanisms align with monetary policies. These policies aim to improve banking services. They also seek to alleviate citizens’ suffering. Furthermore, the bank’s measures to enhance discipline in the foreign exchange market were discussed.
The two sides agreed on the need to adhere to the signed financial agreement. This is to stop the deterioration of the national currency. It prevents negative repercussions on citizens’ purchasing power. It also ensures price stability. This information comes from the Prime Minister’s media office.
The meeting also addressed standard pricing for food commodities. It discussed their role in controlling import operations. This includes curbing inflation and speculation. Commodity prices should align with international import costs. They should also account for added local costs.
Both sides reviewed the regulatory mechanisms adopted by the Central Bank. These mechanisms are used for implementing and monitoring credits. They aim to achieve transparency. They also ensure foreign currency is directed for its intended purposes.
Dbeibah emphasized the importance of continuous coordination. This coordination is between the government and the Central Bank of Libya. It ensures economic stability. It supports efforts to provide essential goods to citizens. It also achieves balance in the local market.