Banking sources revealed, in an exclusive statement to our source, that the measures taken by the Central Bank of Libya over the past year fall within its efforts to strengthen control over the informal cash market, which has expanded noticeably in recent years. This comes alongside regulating the work of exchange companies and offices through the mechanism recently announced by the Bank, which ensures the Central Bank’s gradual success in bringing the black market under control.
The sources added that completing the reform path requires coordination and support from the oil sector, as well as from the Ministries of Economy and Finance in both the east and west, in a manner that contributes to achieving the objectives of these measures more comprehensively.
