VOL. XLII

No 42

18-October-1999

LIBYA

Libyas Central Bank Governor Urges Broader Investment

Addressing the annual meeting of the World Bank and theInternational Monetary Fund in Washington, the Governor of the Bank of Libya,Mr. Muhammad Bait al-Mal said that the global financial crisis had highlightedthe need for "creating a financial and banking system that operates underan effective and transparent oversight framework coupled with a framework ofmoral responsibility." Mr. Bait al-Mal said that...