H.E. Mr. Saddek Omar Elkaber, the Governor of the Central Bank of Libya, and his team, engaged in discussions with Anne Baum, the Director of Central Banks and International Account Services at the US Federal Reserve Bank, and her team. They reviewed the progress made by the Central Bank of Libya in achieving compliance requirements and discussed the upcoming capacity building program scheduled for November 2023 in Abu Dhabi.
This program is a collaborative effort between the Federal Reserve Bank and the Arab Monetary Fund. Additionally, they explored opportunities for enhancing cooperation through the introduction of innovative investment instruments aimed at bolstering the financial returns of the bank’s reserves. This meeting took place on Thursday, October 12, 2023, in Marrakesh, the Kingdom of Morocco.
