Washington – Upon an official invitation from the U.S. State Department, the Governor of the Central Bank of Libya, Naji Mohamed Issa, held a high-level meeting. The meeting took place at the Ministry’s headquarters in Washington D.C. He met with U.S. Assistant Secretary of State, Kyle Liston.
During the meeting, the Governor reviewed the Central Bank’s achievements. These were part of a package of economic reforms. These reforms enhanced monetary and financial stability. This stability was achieved despite regional and internal challenges.
The meeting also covered the bank’s achievements in developing compliance frameworks. It addressed strengthening the anti-money laundering and counter-terrorism financing system. Furthermore, it discussed developing electronic payment systems. The bank also introduced unconventional monetary policy tools. These tools align with international standards. This bolstered the confidence of international financial institutions in the Central Bank.
At the meeting’s conclusion, Kyle Liston praised the Governor and the Central Bank’s Board of Directors. He called their efforts “a model for financial management despite difficult circumstances.” Liston also stressed the importance of fully supporting the Central Bank of Libya’s independence. He views this independence as a fundamental pillar for Libya’s stability and economic security.