2010-06-23

Added · Updated

Circular 2010/7 on Regulated Payment Means for Financing the Import of Raw Materials and Operating Supplies for Industrial Purposes

Industrial entities importing spare parts, production supplies, and raw materials for non-resale purposes are authorized to execute foreign currency transfers without a specified ceiling, provided they adhere to settlement deadlines set by the Central Bank of Libya. Commercial banks are required to report any industrial entities that fail to submit customs declarations within the timeframes mandated by Circular CBL/CR/2009/5.

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Libya

Central Bank of Libya

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