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CBL: Liquidity problem blamed on political division

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LIBYAPROSPECT – Tripoli

The Central Bank of Libya (CBL) explained in a statement that the liquidity problem, the country suffers from, can’t be solved by printing new banknotes but through ending the political division, lawlessness and stopping production and export of oil.

The media bureau elaborated that the liquidity problem appeared simultaneously with the beginning of the political division in 2014.

It added that the trading had moved from 18.7 billion in 2014 to 25 billion in 2016.