Ahmad 
The Central Bank of Libya announced the continuation of consultations with the International Monetary Fund (IMF) on 6 files related to the financial and monetary situation in the country.
In a statement, the bank stressed that the discussions focused on its efforts to maintain the financial sustainability of the state despite the challenges, in addition to developing the infrastructure for banking supervision, assessing the status of the banking sector, and combating money laundering and terrorist financing.
The bank indicated that the consultations would last for 10 days to assess the general economic and financial situation and the policies and measures taken during the year 2023.
This year’s Article IV consultations between the two sides began last Wednesday in Tunis.
Article IV of the IMF Articles of Agreement provides for bilateral discussions with member States, usually on an annual basis, during which a team of IMF staff visits the member country, gathers the necessary economic and financial information, and holds discussions with officials on economic developments and policies in that country.
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