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Home » Hibri discusses with the French Ambassador obstacles to unifying the CBL

Hibri discusses with the French Ambassador obstacles to unifying the CBL

Tuesday, November 15, 2022 Business 1 Min Read
Hibri discusses with the French Ambassador obstacles to unifying the CBL

The Deputy Governor of the Central Bank of Libya, Ali Al-Hibri, discussed with the French Ambassador to Libya, Mustafa Maharaj, the developments of the bank’s unification project, the obstacles it faces, and ways to continue the project.

This came in a meeting in the city of Benghazi on Tuesday, where Al-Hibri touched on the financial and economic situation of the country in light of the recent developments locally and internationally, according to a CBL statement.

Al-Hibri also discussed “the proposed solutions to mitigate the effects of the negative conditions as much as possible, including the bank’s board of directors’ decision to amend the Dinar exchange rate.”

For his part, Maharaj spoke about Paris’ efforts with all parties to achieve political stability and economic growth in Libya.

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Hosni Bey: Salary Unification Does Not Protect Purchasing Power Without Budget and Subsidy Reforms

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