Exclusive… Central Bank Governor Requests the Minister of Finance to Issue Instructions to Customs Authority to Require All Suppliers Using Non-Approved Payment Methods to Provide Documentation

Our source has exclusively obtained a letter from the Governor of the Central Bank of Libya addressed to the Minister of Finance of the Government of National Unity. The letter requests the issuance of instructions to the Customs Authority obligating all suppliers using payment tools not approved by the Central Bank of Libya to submit official documents proving the sources of the funds used for the imports.

Additionally, the letter calls for the provision of a monthly statistical report to the Central Bank’s Financial Information Unit detailing these imports, including the volume of imports passing through border crossings classified by type of goods or services and their value, the exporting country, currency type, and the name of the supplying entity.