Prime Minister Abdulhamid Dbeibah has met with Central Bank of Libya (CBL) Governor Naje Issa to address what officials described as priority economic and financial concerns, with a focus on liquidity, foreign exchange regulation and price stability.
In a statement posted on the government’s official platform, on February 16, talks centred on improving cash availability in commercial banks following persistent public complaints over access to funds. The two sides also examined steps to strengthen oversight of the foreign exchange market.
The meeting reviewed the issuance of letters of credit for the importation of essential goods, underscoring the need to safeguard supplies in the domestic market and prevent price fluctuations. Both officials reaffirmed their commitment to implementing a previously signed financial arrangement aimed at preventing further depreciation of the Libyan dinar and protecting citizens’ purchasing power.
Discussions further covered benchmark pricing mechanisms for food imports, designed to tackle inflation and curb speculation by aligning local prices with global market rates and domestic cost structures. Dbeibah stressed the importance of sustained coordination between the government and the Central Bank to reinforce economic stability and ensure the consistent provision of essential goods.
