The Director of the Middle East and North Africa Program at the United States Institute of Peace, Elie Abu Aoun, told our source today, Tuesday, that “the Security Council is concerned about printing paper currency to Libya because it is considered outside the known standards for printing currency, securing parallel coverage, not exceeding 3% of the Gross Domestic Product and assessing the impact on the monetary situation and inflation.”
Elie confirmed to our source that this system for printing unofficial notes deepens the division and does not take into account the safety standards in the new banknotes.
It is noteworthy that the branch of the Central Bank of Libya in Benghazi seeks to print the currency with an official threat in a statement issued the last period.
