Monday, June 23, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Is Libya’s Central Bank Slowing Down Attempts to Combat COVID-19?

March 18, 2020
Share on FacebookShare on Twitter

On Tuesday the Head of the Liquidity Crisis Committee at the Central Bank of Libya (CBL), Ramzi Rajab Al-Agha, said that CBL Governor Al-Siddiq Al-Kabeer was reluctant to issue letters of credits to commercial banks. He added that this would hinder the import of medical goods and equipment.

In a statement on Facebook, Al-Agha criticised Al-Kabeer for making his decisions only after getting approval from the political powers he represents, claiming the CBL Governor is affiliated to the Muslim Brotherhood in Libya.

He also denounced the CBL’s failure to issue letters of credits to commercial banks, arguing that the latter are sorely needed by Libyan merchants to import goods and medical equipment required to face the threat posed by the COVID-19 virus (commonly known as Coronavirus).

Tags: cblCorona Viruslibya
Next Post

UNSMIL: Libyan Factions Should Stop Hostilities and Join Forces to Face COVID-19

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya’s Haftar & British Envoy Discuss Political Developments

Libyan PM & Belgasem Haftar Inaugurate Derna Park

Libya & Greece to Discuss Maritime Dispute in July

Libya & Italy Sign Military Cooperation Plan

Libya Launches New Electoral Education Initiative

Libya’s Interior Ministry Reports Armed Attack on Security Forces in Tripoli

EDITOR PICKS

128,000 Students Begin Final High School Exams Across Libya

Libya Launches New Electoral Education Initiative

Libya’s Haftar & British Envoy Discuss Political Developments

Libya’s Kufra Hosts 160,000 Sudanese Refugees

UN Reviews Development & Refugee Support Programs in Libya

Libya & Greece to Discuss Maritime Dispute in July

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR