Floods Devastate Western Libya: When Will the Government Act?
Libya is reeling from yet another flood disaster, as torrential rains engulfed western cities such as Tarhuna and Gharyan, leaving ...
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Tag: Central Bank
Libya’s Central Bank Announces 86.3 Billion Dinar Revenue in 2024
On Sunday, Libya’s Central Bank announced that the country’s total public revenue from January 1 to November 30, 2024, reached ...
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China Tops Libya’s Exporters in 2024
Recent data from the Central Bank of Libya reveals that China ranked as Libya's top exporter, while Italy emerged as ...
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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 Cuts Foreign Exchange Tax to 15%
The Libyan Parliament has referred its decision to reduce the foreign exchange sales tax to 15% for all purposes to ...
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Libya’s Central Bank Unveils Plan to Boost Digital Payments
On Thursday, the Central Bank of Libya (CBL) launched a new strategy to strengthen and expand digital payment systems nationwide. ...
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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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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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UN Stresses Need for Equitable Management of Libya’s Oil Revenues
On Thursday, the United Nations Support Mission to Libya (UNSMIL) called for Libya’s oil revenues to be managed through the ...
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