A senior official at the Central Bank of Libya exclusively told our source: “The letters of credit reservation system has shown excellent results, enabling 2,900 companies to register for a total value of $2.5 billion. This was previously unavailable due to corruption, favoritism, and the domination of certain companies over banking transactions, which excluded some small traders and others.”
The source added: “Today, you can make reservations from your home without doors or phones being closed on you. Large approvals have been granted today, and the full reserved amount will be processed with approvals starting Sunday, according to the order of reservation.”
