Fiscal Year 2021

Technical Assistance

Banking Supervision (June 14-21)

METAC continued assisting the Central Bank of Libya (CBL) in strengthening its Islamic banking regulatory framework. It developed a fact-finding survey, and coordinated with the authorities on the responses obtained, which were considered in the development of regulations for equity investment and operational management risks. 

Statistics (July 20-30)

METAC assisted the Libyan Bureau of Statistics and Census to improve consumer price index (CPI) compilation methods and addressing continuity issues related to the COVID-19 pandemic. The assistance identified improvements to the collection of rent, demonstrated techniques to impute for missing prices and indexes, and identified potential sources to partially update CPI weights.