The Central Bank of Libya published an update on a meeting between Governor Naji Mohammed Issa and International Monetary Fund Deputy Managing Director Kenji Okamura focused on implementing an integrated reform vision to address Libya’s structural economic imbalances. The discussion also covered the outcomes of the IMF’s Article IV consultations, with the Fund recognizing stronger transparency and disclosure of data and information by Libyan institutions. The governor’s reform plan centers on unifying public expenditure, carrying out a full review of monetary, trade and fiscal policies, and continuing the central bank’s strategy to expand financial inclusion and digitalization. According to the update, that digitalization effort now covers around 90% of economic activity and financial transactions. The IMF welcomed the plan and said it was ready to provide intensive technical assistance and advisory support, particularly on exchange rate policy and strengthening the Libyan dinar.
Central Bank of Libya2026-04-13
Central Bank of Libya discusses reform package with IMF and gains technical support on exchange rate policy
The Central Bank of Libya said its governor discussed a broad economic reform package with the IMF, including measures to address structural imbalances and unify public expenditure. The IMF also reviewed Article IV outcomes, acknowledged improved transparency, and offered technical assistance focused in particular on exchange rate policy and support for the Libyan dinar.