The Central Bank of Libya revealed exclusively to our source that it has begun implementing a plan to provide liquidity through commercial banks, within citizens’ monthly needs of 3,000 dinars, while maintaining a reserve of cash for the coming months and continuing to encourage the use of electronic payment methods.
The Central Bank also began this morning disbursing September salaries through the “Instant Salary” system, covering one million employees.
It added: “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.”
