Libya’s Central Bank Governor, Naji Issa, participated in the African Governors’ meetings at the International Monetary Fund (IMF), alongside IMF Managing Director Kristalina Georgieva and African central bank governors.
During these meetings, Issa outlined his key priorities for addressing Libya’s short-term financial challenges, focusing on improving liquidity, stabilising the exchange rate, regulating the foreign exchange market, and expanding electronic payment services.
Issa emphasised the importance of creating a medium-term economic strategy that aligns Libya’s economic policies to ensure both financial stability and sustainability.
His participation in the IMF meetings also provided an opportunity to engage in bilateral discussions with senior IMF officials and international partners.
During the meeting, Issa received congratulations from the IMF’s Deputy Managing Director Kenji Okamura and the Director of the Middle East and Central Asia Department, Jihad Azour, for his recent appointment as Governor.
They expressed their hopes for the success of Issa, his deputy Marei Al-Barassi, and the Central Bank’s board in managing Libya’s economic transition.
Issa also met with Turkey’s Minister of Finance, Mehmet Simsek, to discuss further economic cooperation and support.
