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CBL Governor calls for stronger mortgage finance system

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Libya’s Central Bank Governor, Naji Issa, has called for the development of the country’s mortgage finance system, describing it as a key catalyst for economic growth and urban development.

Speaking at a national dialogue hosted by the Ministry of Housing and Construction in Tripoli, Issa said expanding mortgage finance would help revive the construction sector, create jobs, and improve living standards.

He stressed that building an effective mortgage finance system requires coordinated efforts among legislative, executive, and regulatory authorities, as well as banks, financial institutions, and the private sector.

Economy



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