Benghazi – Libyan Prime Minister Dr. Osama Hammad affirmed that addressing the cash liquidity crisis is a top priority. He stressed the need for urgent and effective solutions. These must be based on a precise diagnosis of the causes. He also called for practical measures to ensure cash reaches citizens regularly and fairly. This will help protect economic stability and boost confidence in financial institutions.
These remarks came during an expanded meeting held on Tuesday. The meeting took place at the Central Bank of Libya headquarters in Benghazi. It focused on monitoring economic and service conditions. Participants also discussed the challenges of the liquidity crisis and its impact on citizens’ lives.
The meeting included Deputy Governor of the Central Bank of Libya, Maree Al-Barassi. Head of the Internal Security Agency, Lt. Gen. Osama Al-Darsi, was also present. Other attendees were Undersecretary of the Ministry of Interior, Maj. Gen. Faraj Eqaim, and Director of Banking and Currency Control in Benghazi, Awad Salem Al-Amami.
The meeting addressed the country’s ongoing liquidity crisis. Participants reviewed its causes and consequences. They discussed a package of urgent measures to resolve the issue. The measures aim to stabilize the financial situation. They also seek to improve banking services and reduce the crisis’s impact on citizens.
The officials also discussed enhancing institutional coordination. This involves the Central Bank, executive bodies, and relevant security agencies. The goal is to secure cash flow and ensure regular bank operations. It also aims to make it easier for citizens to get cash across all cities and regions.
The Prime Minister noted the government’s direct follow-up will continue. This will ensure the implementation of agreed-upon measures. He emphasized that any negligence hindering these goals will face accountability.