Libya's acute cash crisis is set to get worse and its ba
nking system requires a complete overhaul that will be guided by the International Monetary Fund and World Bank, the central bank's recently appointed governor said.
A NEW BANKING MODEL
He said he hoped the influence of international organizations would help shape a new Libyan model of banking, and th
e groundwork had already been laid by IMF and World Bank over the previous 2-3 years. ( duuh, mapinduzi ya IMF halafu kuna watu wanasema walibya walimchoka Gaddafi btw hii model ya zamani ilifanya wonders kwa nchi ya Libya..sasa wataingia madeni na soon watajikuta bankrupted by Inter. bankers)
"The IMF and WB have a roadmap and I would like to go ahead with the facelift. We need a strong central bank," he said.
Zaidi hapa
INTERVIEW-Libya cbank looks to IMF amid cash crisis | News by Country | Reuters