Tripoli: Naji Issa, the Governor of the Central Bank of Libya, held a meeting today with Rashid Abu Ghafa, the Minister of Finance of the Government of National Unity, to discuss strategies for maintaining the national currency and stabilizing the exchange rate.

According to Libyan News Agency, the bank reported on its official page that the meeting aimed to align fiscal policy with the monetary policy already in place by the bank, targeting economic stability. The discussion covered various aspects of the economic environment considering current international and local conditions.

During the meeting, both parties highlighted the importance of ensuring the consistent and efficient transfer of oil revenues. They also discussed improvements in the tax and customs processes, as well as supporting electronic collection at all main and branch treasuries under the Ministry of Finance.

Furthermore, they emphasized the need to intensify efforts to complete the “Your Salary Instantly” system project. The completion rate of this initiative reached 72% by March, and there is a push to enhance this rate in the upcoming months.