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Sarraj meets CBL governor amid clashes on Tripoli outskirts

The procedures to develop Libyan banking services were reviewed by head of the Presidency Council Faiez al-Sarraj and Saddek Elkaber, governor of the Central Bank of Libya (CBL), on Monday.

The meeting, held in Tripoli, aimed to tackled means to collaborate efforts between the concerned parties.

It comes amid the ongoing clashes between the Libyan National Army (LNA), led by Field Marshal Khalifa Haftar, and militant groups allied to the U.N.-recognized Government of National Accord on the capital outskirts.

Elkaber also met with French Ambassador to Libya, Béatrice le Fraper du Hellen in January to discuss enhancing cooperation in the field of banking training to improve the skills of Libyan employees in the banking sector.

In September 2018, head of the government National Accord (GNA) Fayez Sarraj met with senior officials at the High Council of State to adopt a reform program aiming to revive the deteriorating Libyan economy.

The reforms have two main objectives: to reduce the gap between the official and black markets exchange rates and to ensure easier access to foreign currency through the official banking system.

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