The Governor of Libya’s Central Bank, Saddek Elkaber, convened with World Bank Group Executive Director Tawqir Shah to discuss the latest economic and financial developments in Libya.
The meeting held at the World Bank HQ in Washington on Wednesday also delved into the Bank’s role in ensuring financial sustainability and the challenges faced by central banks in the region in tackling inflation.
According to a CBL statement, the discussions encompassed strategies to bolster sustainable growth, promote economic diversification, support small and medium-sized enterprises, advance economic digitization, expand financial inclusion, and facilitate electronic payment methods.
Elkaber initiated his visit to Washington last Monday, during which he engaged in meetings with the Atlantic Council, the US-Libyan Business Association, and the US Agency for International Development.
