The Central Bank of Libya revealed exclusively to our source that the disbursement of September salaries has begun today through the “Instant Salary” system, covering one million employees.
The Bank stated: “We had hoped that the Ministry of Finance would transfer all those registered in the system to facilitate the salary disbursement process; however, the matter has been postponed until October, which will be the last chance for entities to remain in the payroll system.”
It added: “We confirm the start of implementing a plan to provide liquidity through commercial banks, within the limits of citizens’ monthly needs of 3,000 dinars, while ensuring a cash reserve for the coming months and continuing to encourage the use of electronic payment methods.”
