What’s Driving Libya’s Inflation Increase in 2024?
Libya's inflation rate rose to 2.7% in the third quarter (Q3) of 2024, compared to 2.0% in the previous quarter, ...
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Tag: cbl
Libya Announces Initiative to Stabilise Libyan Economy
The Governor of the Central Bank of Libya, Naji Mohammed Issa, met with Mohamed Al-Hwaij, Minister of Economy and Trade ...
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Libya’s Central Bank Reports Budget Surplus Amid Foreign Currency Deficit
On Thursday, the Central Bank of Libya (CBL) announced a budget surplus, totaling 4.6 billion Libyan dinars, for the period ...
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Libya Ranks First in Africa for Forex Reserves
Libya has maintained a substantial foreign currency reserve totaling $80.7 billion in 2024, positioning it as the top country in ...
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US & Libya Discus Economic Reforms
In a significant diplomatic meeting held yesterday, U.S. Special Envoy Richard Norland and Deputy Assistant Secretary of State (DAS) Harris ...
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Libya Participates in 2024 World Bank & IMF Annual Meeting
Libya participated in the 2024 Annual Meeting of the World Bank Group and the International Monetary Fund (IMF), held in ...
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Libyan Parliament Appoints New Central Bank Board
On Monday, the Libyan Parliament announced the appointment of new board members to the Central Bank of Libya (CBL), aiming ...
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Central Bank: Libya’s Inflation Rises to 2.7% in September
Recent data from the Central Bank of Libya show that consumer inflation rose to 2.7% in September, up from 2.5% ...
Read moreLibya’s Central Bank Unveils Strategy to Address Libya’s Liquidity Crisis
On Thursday, the Central Bank of Libya (CBL) announced plans to inject 15 billion Libyan dinars into the banking system ...
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Libya Discusses Strategies to Increase Oil Production
The General Management Committee of Libya's National Oil Corporation (NOC) met on Tuesday to discuss the ongoing preparations for executing ...
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