The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, held discussions on four major files with the World Bank Group Executive Director, Naveed Baloch, last week.
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Libya’s foreign exchange reserves have reached a total of $82 billion at the end of 2022 and the volume of frozen assets has stood at $70 billion since 2011, revealed Dmitry Gershenson, the head of the mission of the International Monetary Fund (IMF) in Libya.
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Libya on last Wednesday, IMF announced.
There is an urgent need for a clear economic vision in Libya because the country is at risk of falling behind clean energy global trends due to its dependance on oil, the International Monetary Fund (IMF) said on Friday.
A meeting of central banks governors was held within the 2022 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), with the participation of governors of Arab and African banks.
Oil prices rebounded, on Wednesday, from sharp losses in the previous session as concerns over tightening supplies from Russia and Libya dominated, while industry data showed a decline in US crude stocks last week.