Tripoli CBL in high-level meeting in Washington
By Sami Zaptia.
London, 16 October 2019:
The Governor of the Tripoli Central Bank of Libya (CBL) participated in a high-level meeting in the U.S. Capital Washington on Tuesday. The CBL reported that the meeting was sponsored by the U.S. Department of state.
The meeting included the Assistant Secretary of State, the Assistant Secretary of the U.S. Treasury, the U.S. Assistant Secretary for Energy. From the Libyan side, there was the Tripoli Ministers of Finance and Planning, the chairman of the National Oil Corporation, the ambassador of Libya to the United States of America. Representatives of the IMF were also present.
The meeting discussed the support and development of the Libyan oil sector and the increase in production rates under the five-year plan 2020-2024 and the provision of the necessary financial resources for it.
An overview of Libya’s economic and financial conditions and the main results achieved, and the steps required to strengthen the efforts of the Central Bank of Libya and the internationally recognized government were discussed.
A mechanism and framework for enhancing transparency in the publication of data was also put in place.