The Central Bank of Libya (CBL) announced the participation of its Governor, Al-Siddiq Al-Kabir, in the meeting of the 46th session of the Council of Governors of Arab Central Banks and Monetary Institutions, which is held on Sunday and Monday in Jeddah, Saudi Arabia.

The CBL said in a statement on Sunday that the meeting aims to discuss global inflation issue and its repercussions on monetary policy in Arab countries, in addition to the risks of the ramifications of climate change on the financial sector and banking services.

A number of senior officials of the International Monetary Fund and the Financial Stability Board  as well as experts from international institutions and world central banks are participating in the meeting, which is hosted by the Saudi Kingdom.

Economy