The Central Bank of Libya said Gov. Naji Mohammed Issa met Atilla Csajbok, head of the International Monetary Fund's Monetary and Capital Markets Department, on the sidelines of the 2026 Spring Meetings in Washington to discuss strengthening technical cooperation. The talks focused on capacity building in reserve management and foreign exchange operations, methods for assessing the local currency's exchange rate against the Special Drawing Rights basket, development of banking supervision, stress testing frameworks for financial stability, and compliance with anti-money laundering and counter-terrorism financing standards. The discussion also covered future technical assistance on governance and internal audit. During the meeting, the IMF team commended the Central Bank of Libya's efforts, highlighting progress toward institutional independence through implementation of the Central Bank Transparency Code. Both sides emphasized continuing and strengthening technical support in the coming period.
Central Bank of Libya2026-04-13
Central Bank of Libya discusses broader IMF technical assistance on reserves supervision and stress testing
The Central Bank of Libya said its governor met the IMF's Monetary and Capital Markets Department on the sidelines of the 2026 Spring Meetings to discuss deeper technical assistance. The talks covered reserves, foreign exchange operations, exchange-rate assessment against the Special Drawing Rights basket, banking supervision, stress testing, and anti-money laundering and counter-terrorism financing compliance. The IMF team also praised progress on the Central Bank Transparency Code and both sides backed continued technical support.