The new notes of 20 and 50 dinar denominations were printed in Russia and will be put into circulation on June 1, reports The Libya Observer citing the eastern central bank.
“The printed notes are worth four billion Libyan dinars and are the same sizes and denominations as the current banknotes,” central bank governor Ali Salim al-Hibri told Libyan Al-Iktisadia TV, stressing that there would be no conflict with the existing currency.
Last summer, the International Monetary Fund (IMF) recognized Al-Hibri as the central bank governor and as its sole contact in the country.
Samples of the new banknotes were presented at a meeting of the two Central Banks of Libya and the Presidential Council in Tunis in May, the statement said.
However, the US Embassy in Libya declared the banknotes to be counterfeit. “Such notes could undermine confidence in Libya’s currency and the CBL’s ability to manage monetary policy to enable economic recovery,” it said in a statement.
Is there a connection between the closing of Libyan airspace, the war machinery of NATO arriving in Libyan the moves of the Russians in Libya as the next battlefield in the Hot War that is currently going on between Russia and NATO?
Makes one wonder what happened to the liberation of Libya post “Gaddafi the Dictator” and the success of that mission? Mission or Inter-Mission accomplished? The mission of the Zionist Khazarian Mafia is death and destruction so in that sense it was mission accomplished for them.
Readers should keep in mind the last time someone called
floated the idea of a Gold backed Africa wide currency he was prompted taken out. Challenging the hegemony of the Central Banking System is a definite red line and complete No No and cannot be tolerated. Otherwise their entire house of cards will collapse and their usurious evil and nefarious plans will be laid bare for all to see.
The Daily Bell reported back in 2011;
The idea, according to Gaddafi, was that African and Muslim nations would join together to create this new currency and would use it to purchase oil and other resources in exclusion of the dollar and other currencies. RT calls it “an idea that would shift the economic balance of the world.”
The central banking Ponzi scheme requires an ever-increasing base of demand and the immediate silencing of those who would threaten its existence. Perhaps that is what the hurry is in removing Gaddafi in particular and those who might have been sympathetic to his monetary idea.
The Free Thought Project reports on Declassified Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency;
The NATO overthrow was not for the protection of the people, but instead it was to thwart Gaddafi’s attempt to create a gold-backed African currency to compete with the Western central banking monopoly.
The evidence indicates that when French intelligence became aware of the Libyan initiative to create a currency to compete with the Western central banking system, the decision to subvert the plan through military means began, ultimately including the NATO alliance.
Are we connecting dots yet? There is a Hot War happening on the different battlefields; it is a financial and military conflict that has already started and has been active for many years between Russia and NATO.