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Home » Director of the Development Fund Signs Contract for the Construction of the General Administration Headquarters of the Central Bank of Libya

Director of the Development Fund Signs Contract for the Construction of the General Administration Headquarters of the Central Bank of Libya

Wednesday, December 31, 2025 National 1 Min Read
Director of the Development Fund Signs Contract for the Construction of the General Administration Headquarters of the Central Bank of Libya

Benghazi – Engineer Al-Qassem Khalifa, Director-General of the Libya Development and Reconstruction Fund, signed a contract. The signing occurred on Tuesday evening. It was for the establishment of the Central Bank of Libya’s general administration headquarters in Benghazi. Deputy Governor Mari Al-Barasi attended the event.

The project is part of broader efforts. These efforts aim to strengthen the state’s institutional structure. They also support the stability of the financial and monetary system. It adheres to the highest approved technical standards. Engineering standards are also met.

The new headquarters aims to improve the Central Bank’s administrative performance. It will enhance the bank’s role. This includes efficiently managing monetary policies. It also covers financial policies effectively. The project is a qualitative addition. It improves Benghazi’s institutional infrastructure.

This project confirms the Development Fund’s commitment. It supports sustainable development. It also strengthens the foundations of economic stability. This aligns with the vision of a modern state. This vision is built on sound planning. It also emphasizes institutional discipline. Quality performance is another core element.

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