HoR speaker calls for a meeting with CBL to solve Libya`s ailing economy

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HoR speaker calls for a meeting with CBL to solve Libya`s ailing economy

November 29, 2017 - 19:11
Written by: HousamNajjair

The Speaker of the House of Representatives (HoR), Aqila Saleh, has called on the Central Bank of Libya (CBL) to meet in Tobruk on December 5th to discuss monetary policy tools.

Saleh added in a statement issued on Tuesday that the meeting will discuss the exchange rate of the dinar against foreign currencies and how it can be changed to a balanced price.

Saleh stressed that the HoR is the legislative authority of the Central Bank of Libya, which is legally authorized to summon the CBL Board of Directors depending on the economic situation.