The Central Bank of Libya reported that Governor Naji Issa took part in a National Dialogue on the role of the banking sector in housing and urban development, using the forum to stress that housing finance is a key driver of economic growth. In his remarks, he linked mortgage finance to construction activity, job creation and living standards, and framed development of Libya’s mortgage finance system as central to wider reconstruction and urban development efforts. The dialogue, organized by the Ministry of Housing and Construction, examined how to develop Libya’s mortgage finance system and address constraints in the housing sector. Discussion was tied to stronger public-private partnerships and support for sustainable urban development. Issa said progress would require close coordination among legislative, executive and regulatory authorities, as well as banks, financial institutions and the private sector. The release did not announce specific policy measures or timelines. It indicated that the dialogue is intended to produce practical recommendations to support Libya’s reconstruction and broader economic and urban development.
Central Bank of Libya2026-07-06
Central Bank of Libya highlights mortgage finance as a growth driver and calls for coordinated action on housing finance
The Central Bank of Libya said Governor Naji Issa used a national housing dialogue to describe mortgage finance as a key economic growth driver and to call for development of Libya’s housing finance system. He said progress will require coordination across public authorities, banks, financial institutions and the private sector. No specific policy measures were announced.