The United States Agency for International Development organizes workshops to assist the Central Bank of Libya in promoting economic stability

banking - June 7, 2022

Tripoli, June 6, 2022 (LANA) - During the month of March, the United States Agency for International Development organized several workshops to support and assist the Central Bank of Libya in implementing and improving monetary policy for the year 2022, focused on enhancing economic stability and reducing inflationary pressures, according to the page The US Embassy in Libya via the international information network.

The embassy indicated that the US Agency for International Development has started implementing 30 training sessions for central bank staff - including inspectors, evaluators, economists, and anti-money laundering experts - on banking supervision and risk management. By working with the Central Bank to restore confidence in the Libyan banking system, she added, the agency supports a return to formal financial transactions that can encourage entrepreneurship, savings, trade, and spur job growth.

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