EU Imports 72.8% of Libyan Exports
A recent report titled "Foreign Trade Statistics of Libya," issued by the Research and Statistics Department of the Central Bank ...
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Tag: cbl
G7 Calls for Withdrawal of Foreign Fighters from Libya
Foreign ministers from the Group of Seven (G7) countries issued a joint statement reaffirming their commitment to preserving Libya’s sovereignty, ...
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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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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% ...
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