Today, Sunday, Prime Minister Abdul Hamid Dbeibeh held a meeting with the Minister of Economy and Trade, Muhammad Al-Huwaij, to follow up on a number of economic files.

For his part, Al-Huwaij stressed the stability of the economic situation in the country, noting that the rise in the exchange rate is considered accidental, pointing to what was stated in a recent International Monetary Fund report regarding Libya’s retention of foreign exchange reserves exceeding 82 billion dollars.

Al-Huwaij presented a position on the Ministry’s plan to develop the Commercial Registry Authority, activate the local commercial registry according to the spatial jurisdiction of the courts of appeal, and automate procedures within the Authority to facilitate the issuance and renewal of records and trademarks.

Dbeibeh directed the necessity of convening the Balance of Payments Committee formed during the last Cabinet meeting, and presenting the results of the necessary decisions regarding it.