16 Hrs
Source:
عين ليبيا
Central Bank Chief Talks Banking Reforms with Fed
The Governor of the Central Bank of Libya, Nagy Mohamed Issa, discussed with an official delegation from the U.S. Federal Reserve ways to enhance cooperation and solidify international trust in the Libyan banking sector. The meeting addressed the latest economic and financial developments in Libya, including improving the reputation of the banking sector, developing anti-money laundering and counter-terrorism financing measures, and strengthening oversight and compliance in accordance with international standards. The two sides also discussed expanding collaboration to combat illegal practices and improve the performance of the financial system. The American delegation praised Libya’s efforts to resume and regularly distribute foreign currency supplies, emphasizing the need to continue cooperation to implement reforms and promote stability within the banking sector.
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