The Central Bank of Libya told our source exclusively: “Some positive indicators have begun to emerge in terms of controlling public spending, especially parallel spending, thanks to certain understandings reached between local and international parties.“
The Central Bank added to our source: “Once this package succeeds—specifically the withdrawal of the 20-dinar banknote and the launch of official exchange offices—the exchange rate of the U.S. dollar is expected to fall below 7 dinars. At that point, the Bank will be able to cancel the 15% surcharge.“
