Our source has obtained several correspondences from the Governor of the Central Bank of Libya, Naji Issa, addressed to the Internal Security Agency, the Municipal Guard, and the Ministry of Interior, calling for the closure of exchange offices and companies not licensed by the Central Bank and for the punishment of anyone dealing in foreign currency outside the official sector.
He also stated that the relevant authorities should take the necessary measures to monitor the movement of funds in Libyan dinars and verify their legality and sources, in accordance with applicable laws and regulations, as well as anti-money laundering and counter-terrorism financing controls and procedures.
The Governor also addressed the Minister of Finance of the Government of National Unity, stressing the need to include the data of all entities in the “Instant Salary” system, otherwise salary disbursements will be restricted exclusively to the system.
The Central Bank noted that delays by some entities in submitting and reconciling their employees’ data without justification may increase cases of dual employment and exacerbate the rise in spending under the salaries budget item.
The Governor concluded his correspondence by expressing hope that urgent measures would be taken to oblige entities that have not yet submitted their employees’ data to expedite doing so and ensure its reconciliation. He warned that failure to submit this data will lead the Central Bank of Libya to limit its consideration of salary disbursements to those processed through the “Instant Salary” system only.
