The International Monetary Fund (IMF) issued on Sunday, 16 November 2025, a concluding statement for the preliminary meetings of the 2026 Article IV consultations, which were held last week with the participation of the Central Bank of Libya (CBL) and relevant entities, including the Ministry of Economy and Trade, the Ministry of Planning, the National Oil Corporation, the Audit Bureau, and the Bureau of Statistics and Census.
After assessing the current state of the Libyan economy, the IMF mission experts praised the measures taken by the Central Bank of Libya, which contributed to maintaining financial stability despite recurring economic challenges.
The IMF called for supporting CBL’s ongoing efforts by ensuring the success of the “Instant Salary” initiative, which will help achieve a unified treasury account. The Fund also stressed the importance of unifying the state’s general budget and avoiding pro-cyclical fiscal policy.The mission further welcomed the steps taken by the Central Bank to accelerate economic digitalization, reduce reliance on cash, and enhance financial inclusion.Additionally, the IMF mission welcomed the Central Bank of Libya’s official accession to the Central Bank Transparency Code.
Attached is the link to the IMF mission statement following the conclusion of their visit to Libya: https://www.imf.org/en/news/articles/2025/11/14/pr-25376-libya-imf-staff-concludes-visit
