CBL Governor, Economy Minister review PM's "Return of Life" initiative

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CBL Governor, Economy Minister review PM's "Return of Life" initiative

October 13, 2021 - 20:55
Written by: AbdulkaderAssad

The Governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabir discussed with the Minister of Economy and Trade Mohammed Al-Hwaij the 'Return of Life' initiative of the Prime Minister Abdul-Hamid Dbeibah.

The meeting saw a discussion about the plan of the CBL and the Government of National Unity to fund projects of value to the Libyan economy such as cement factories and other industries via facilitation packages by commercial banks.

The two sides also reviewed the role of the Ministry of Economy in facilitating finance leases and containing unofficial sectors to organize economic activities, in addition to agreeing on holding periodic meetings for joint work teams.