CBL head discusses economic issues with stakeholders

CBL head discusses economic issues with stakeholders

July 23, 2020 - 12:27
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Written By: SafaAlharathy

The Governor of the Central Bank of Libya (CBL), Sadek El Kaber on Wednesday, discussed the current economic and financial situation in Libya with a number of academics and specialists in the financial and economic fields.

According to a statement by the CBL, the participants considered the future prospects of the economic and financial situation in the country and exchanged views on means to boost the economy.

The meeting emphasized the necessity of consolidating efforts of all state institutions to end the cessation of oil operations and restart production and exportation of oil as soon as possible, "as it is the sole source of income for the Libyan state," according to the statement.

They also agreed on embarking a national reform program to enhance the role of the private sector in order to achieve the objectives of the reform.