Presidential Council members review Libya’s economic status with CBL Governor

The two deputy heads of the Libyan Presidential Council, Abdullah Al-Lafi and Mossa Al-Koni have met with the Governor of the Central Bank of Libya (CBL) Al-Sidiq Al-Kabir in Tripoli.

Al-Lafi and Al-Koni discussed with Al-Kabir the status of the Libyan national economy and ways to improve the financial situation of Libyans. 

The two deputy heads and the CBL Governor also talked about the steps that the CBL was taking to implement the decision of slapping a 27% tax on purchasing foreign currencies. 

On March 15, the Speaker of the House of Representatives, Aqila Saleh, issued a decision, based on the Central Bank Governor’s proposal, to impose a 27% tax on the official exchange rate of foreign currencies for all purposes until the end of the year 2024.

The Central Bank of Libya directed the commercial banks to implement the decision, while Dbeibah confirmed that he did not accept the tax, warning of the “negative effects” on Libyans.


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