2023-07-12

Circular No. 17/2012 Regarding Foreign Remittances for Importing Raw Materials and Operating Supplies to Industrial Entities

The regulatory authority issued this 2012 circular to standardize foreign remittances for importing raw materials and operating supplies into industrial entities. It requires financial institutions to process cross-border transfers specifically designated for these essential operational inputs. The directive streamlines payment approvals and ensures adequate foreign currency allocation for domestic industrial production.

Libya

Central Bank of Libya

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Circular No. 17/2012

Year: 2012

Regarding Foreign Remittances for Importing Raw Materials and Operating Supplies to Industrial Entities

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