The Governor of the Central Bank of Libya, Naji Issa, held an extensive meeting on Tuesday with the Minister of Finance in the Government of National Unity, Khaled Al-Mabrouk, to coordinate efforts on public finance reform and support the country’s digital transformation agenda.
The meeting, attended by representatives from the Ministry of Finance and several department heads from the Central Bank, focused on the ongoing preparations for Libya’s 2026 national budget. Discussions centred on improving the collection of government revenues through electronic payment systems to ensure transparency, faster processing, and more efficient management of public resources — all aimed at consolidating a unified treasury account.
Participants also reviewed progress on the “Your Salary Instantly” (Ratbak Lahzi) system, which seeks to create a comprehensive national database for public sector salaries. The meeting addressed delays by some institutions in submitting their employee data and stressed the importance of resolving these issues to streamline operations and strengthen payroll transparency.
Another key topic was the implementation of the ACI System (Advanced Cargo Information), which enables real-time tracking of shipments. Officials described it as a vital step toward modernising financial oversight, simplifying import and customs clearance procedures, and enhancing economic governance.
At the end of the meeting, both sides agreed to establish a joint working group between the Ministry of Finance, the Central Bank of Libya, and other relevant government bodies. The team will focus on harmonising efforts in electronic revenue collection, automating communication channels between institutions, and supporting comprehensive financial and digital reforms across Libya.
