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EFTA00701936
oreign currency reserves stood at approximately $15.5 billion at the end of June compared to roughly $36 billion (before the January 2011 uprising). The Central Bank is expecting only 2 percent growth in 2012, down from 2.5 percent in 2011. Syria: Intense diplomatic maneuvering over the past few weeks has had li
EFTA00615363
controlled by opposition groups. Commercial bodies The council has established the following commercial bodies to manage its financial affairs: • The Central Bank of Benghazi — to act as the "monetary authority competent in monetary policies in Libya" • Libyan Oil Company — to act as the "supervisory authorit