The Central Bank of Libya said Gov. Naji Issa met Interior Minister Imad Al-Trabelsi to review implementation of previously agreed measures and coordination between the two institutions. The discussion focused on regulating the foreign exchange market and overseeing the licensing of exchange companies and bureaux, alongside compliance with the rules governing those activities. The meeting covered monitoring procedures for issuing licenses under approved regulations and ensuring relevant entities comply with applicable requirements to help curb negative practices and unlawful activity. The minister also presented executive steps to develop electronic payment mechanisms for fees charged by the Ministry of Interior and its affiliated entities, using the national electronic payment infrastructure supervised by the Central Bank of Libya to facilitate payments, speed processing and reduce reliance on cash.
Central Bank of Libya2026-07-01
Central Bank of Libya reviews foreign exchange licensing oversight with Interior Ministry and electronic fee payment rollout
The Central Bank of Libya said its governor met the Interior Minister to review implementation of earlier measures on foreign exchange market regulation and oversight of licensing for exchange companies and bureaux. The discussion also covered compliance controls to curb unlawful activity and the ministry's rollout of electronic fee payments through the central bank's national payments infrastructure.