Minister of Finance of the Presidential Council Osama Hammad said that the plan of opening a branch of the Islamic Bank in Libya has been approved at $ 50 million.

"The plan is ready to be transferred directly in the form of long-term loans, like Tunisia and other countries," Hammad stated, adding that a representative of the bank will visit Tripoli to initiate the formal procedures for the opening of the bank’s branch in Tripoli.

Economy