Libyan central bank and presidential council sign deal to ease austerity

Central bank agrees to provide regular cash grants to families

libya-flag

One of Libya’s two central banks has agreed a package of economic measures with the country’s presidential council, including resuming regular cash grants to families.

But some observers expressed scepticism that the measures agreed would have a major impact on the Libyan economy, which has been strongly affected by the country’s civil strife.

Central Bank of Libya governor Sadiq al-Kabir met with Fathi Al-Mijibri, the deputy head of Libya’s presidential council and “government of national

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.