Libyan-British cooperation to support Central Bank reforms
LIBYA – Governor of the Central Bank of Libya Fawzi Abukhzam has discussed with the United Kingdom’s Ambassador to Libya, Martin Alexander Reynolds, ways of tackling economic challenges, strengthening financial sustainability and developing technical and institutional cooperation, at a meeting held on Monday.
Congratulations to the new governor
The British ambassador congratulated Abukhzam on taking up his duties as Governor of the Central Bank of Libya, wishing him every success.
Public finances and combating financial crime
Abukhzam set out his vision for improving the management of public finances and dealing with the economic situation, affirming the bank’s commitment to embedding a culture of compliance, developing systems to combat money laundering and terrorist financing, tackling corruption and strengthening transparency and financial stability.
British support for cybersecurity and training
Reynolds expressed his country’s support for the bank’s priorities in the coming period and the United Kingdom’s readiness to strengthen cooperation, share expertise and provide technical assistance, particularly in cybersecurity and in training the bank’s technical staff.
