Saturday, July 5, 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 Reassures Public Over Radiation Safety Concerns

Led the Protests Against Dbaiba & Ended up Dead. Who is Abdul Moneim Al-Mariami?

Benghazi Set to Host Barcelona for Historic Friendly Match

Will Tobruk Become China’s New Access Point to Europe & Africa?

Ageela Saleh & Egyptian President Dicsuss Libya’s Unity & Political Solution

Will Libyan Parliament Ratify Maritime Border Deal with Turkey?

EDITOR PICKS

Libya’s Oil Sector Faces Huge Losses

Libya Reassures Public Over Radiation Safety Concerns

Benghazi Hosts Libya’s Key Energy Innovation Forum

Libya Launches First Air Quality Monitoring Station in Kufra

Benghazi Set to Host Barcelona for Historic Friendly Match

UN Demands Full Inquiry Into Death of Libyan Activist in Detention

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

© 2024 LR

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

© 2024 LR