Our source has exclusively obtained a decision by the Governor of the Central Bank of Libya to form a committee chaired by the Director of Banking and Currency Supervision Department.
The committee is tasked with studying the demand for foreign currency and the available revenues, aiming to achieve balance in the balance of payments by the end of the year, and approving bank requests according to the regulations set forth in the publications of the Central Bank of Libya.
The team also oversees the foreign exchange system and submits any necessary proposals to the governor as deemed necessary by the committee.