Today, Monday, the US Embassy in Libya revealed in a post on its official Facebook page that the United States Agency for International Development had joined last March workshops with the Central Bank of Libya to help improve the annual monetary plan for 2022.

The embassy added that this plan will help the Central Bank implement a monetary policy framework that focuses on enhancing economic stability and reducing inflationary pressures.

It noted that the USAID has started 30 training sessions for central bank staff – including inspectors, evaluators, economists, and anti-money laundering experts – on banking supervision and risk management by working with the central bank to restore confidence in the Libyan banking system.