Monetary policy
HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs
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107 HoR members state that they have not issued the decision to impose new import taxes
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CBL statistics reveal unprecedented growth in e-payment indicators from 2025 to 15 February 2026
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Economic diversification conference held in Benghazi by HoR and CBL
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CBL first 2025 issue Certificates of Deposit achieve a 10.87 percent return – exceeding expectations
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CBL requests Foreign Ministry to instruct employees to only use official foreign exchange bureaux – calls on authorities to close unlicensed foreign exchange shops
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For the first time in 15 years, Libya receives international approval to import dollars in cash
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CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs
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