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Libya's Central Bank Prints 60 Billion Dinars Amid Cash Crisis

10/15/2025

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Summary

Story summary

The Central Bank of Libya has authorized printing 60 billion Libyan dinars to address cash shortages.
So far 25 billion dinars have been distributed to local banks, with 14 by year-end and 21 for 2026, following De La Rue's 30 billion print agreement.
Libya's liquidity problems persist despite oil wealth, worsened by unofficial banknotes and 2014 political divisions that hinder policy and public trust.

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Story summary

The Central Bank of Libya has authorized printing 60 billion Libyan dinars to address cash shortages.
So far 25 billion dinars have been distributed to local banks, with 14 by year-end and 21 for 2026, following De La Rue's 30 billion print agreement.
Libya's liquidity problems persist despite oil wealth, worsened by unofficial banknotes and 2014 political divisions that hinder policy and public trust.