CBL approves a new legal framework for the Libyan credit information center.PUBLIC HEALTH MINISTER DISCUSSES HEALTHCARE SECTOR’S SITUATION WITH US AMBASSADOR

Tripoli: The Central Bank of Libya (CBL) approved a new legal framework for the Libyan Credit Information Centre (LCIC) as a step toward developing the LCIC and increasing transparency, which will lead to improved access and an enhanced business environment in Libya. This step opens new opportunities for small and medium-sized companies in Libya to secure financial support with the approval of the CBL and the support of Expertise France through the E-Nable project. The institution provided through workshops and training sessions was key to ensuring that the legal framework meets international best practices and addresses the specific needs of the Libyan financial system. Head of the Libyan Credit Information Centre, Nabil Abujnah, said, 'We welcome the approval of the new Libyan Credit Information Centre's legal framework, recognizing its transformative potential and affirming our commitment to work with our international partners towards facilitating equitable financial access and enhancing the financial ecosystem across Libya.' 'It is another important contribution of the European Union to the Libyan efforts to develop a sound and productive business environment for all. The Center's operations are crucial for improving credit risk management. Our tailored capacity-building workshops have equipped the Center's staff with specific expertise in credit information management, data protection, and international standards, and we will continue building on this important achievement with a new program further strengthening the Libyan financial sector, in collaboration with the CBL.' EU Ambassador to Libya, Nicola Orlando, said Source: Libyan News Agency Caretaker Minister of Public Health Dr. Firas Abiad, on Wednesday received at his ministry office, the new U.S. Ambassador to Lebanon, Lisa A. Johnson, who came on a protocol visit upon assuming her new diplomatic duties in the country. Ambassador Johnson was accompanied by a delegation that included the USAID Lebanon Mission Director, Julie Southfield, and Embassy members. Discussions reportedly touched on the healthcare conditions in the country and the health sector's readiness in the face of crises. Minister Abiad discussed with Ambassador Johnson the National Health Strategy launched by the MoPH a year ago and explained the progress made in this regard. Source: National News Agency - Lebanon