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Libya

Libya's central bank announces IMF technical assistance for banking reforms

Archive photograph of IMF headquarters in Washington, not the Bangkok meeting
IMF headquarters in Washington (IMF)

Libya's central bank says it has agreed with the International Monetary Fund to launch training and technical-assistance programmes in the final quarter of 2026. Governor Naji Mohamed Issa met IMF Deputy Managing Director Kenji Okamura in Bangkok on Monday, October 12.

The programmes cover monetary statistics, the balance of payments, reserves, financial stability and risk-based banking supervision. The bank said cooperation also includes a self-assessment under the Central Bank Transparency Code starting in October, alongside reviews of banking law and legislation against money laundering and terrorist financing.

The measures form part of banking reforms and efforts to manage pressures on the dinar. On April 10, an IMF mission warned that central-bank measures alone could not contain exchange-rate pressures. It called for fiscal discipline, better data and greater transparency.

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