LIBYA: For the first time in 15 years, Libya has received international approval to import US dollars in cash, marking a significant shift for its financial system. The move is expected to ease liquidity shortages that have long strained banks and everyday transactions. Officials hope the decision will help stabilize the local currency and reduce reliance on the black market. It also signals renewed international confidence in Libya’s financial oversight mechanisms. However, lasting impact will depend on transparency and effective distribution across the country.

  • Pray that economic systems in Libya are strengthened to serve ordinary citizens and reduce exploitation and corruption (The Holy Bible,Psalm 146:7).
  • Pray that financial and governmental institutions act responsibly, promoting stability and public trust (The Holy Bible, Romans 13:1).

News Source: Libya Herald

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