Libya’s Central Bank Sets 7% Profit Cap for Exchange Companies
On Sunday, the Central Bank of Libya (CBL) announced that licensed currency exchange companies and offices are now permitted to ...
Read more
Tag: Central Bank
Can Libya’s Central Bank Bridge Budget Divide Between Rival Governments?
The Central Bank of Libya (CBL) is intensifying efforts to unify the country’s rival governments, those led by Abdulhamid Dbaiba ...
Read more
Libya’s Hammad Expresses Readiness to Hold Talks with Rival PM
On Thursday, the Central Bank of Libya (CBL) announced that Prime Minister Osama Hammad, appointed by the House of Representatives, ...
Read more
UN Calls for Emergency Measures to Stabilize Libya’s Economy
On Wednesday, the United Nations Support Mission in Libya (UNSMIL) expressed serious concern over the deepening economic crisis in the ...
Read more
Dbaiba Accuses Libya’s Parliament Speaker of Fueling Economic Instability
Libya’s Prime Minister of the Government of National Unity (GNU), Abdel-Hamid Dbaiba, has launched a scathing attack on Parliament Speaker ...
Read more
Libya’s CBL Predicts 330 Billion Dinar Debt by Year-End
On Sunday, the Central Bank of Libya (CBL) issued a serious warning that the country’s public debt is expected to ...
Read moreLibya’s Central Bank: Irregular Migration Costs Economy $7 Billion a Year
On Sunday, the Central Bank of Libya (CBL) issued a warning over the financial burden posed by irregular migration and ...
Read more
Libya’s Central Bank Launches New 5 Dinar Currency Note
The Central Bank of Libya has announced the release of a newly issued five-dinar banknote, which will officially enter circulation ...
Read more
Libya’s Central Bank Reveals NOC Budget Reduced to 6.6 Billion Dinars
On Monday, the Central Bank of Libya (CBL) announced a substantial reduction in the National Oil Corporation’s (NOC) expenditures for ...
Read more
Oil Production Surges in Libya in 2024
Libya’s economy experienced dramatic fluctuations in 2024, with political conflicts and institutional crises heavily influencing the nation’s economic trajectory. Oil ...
Read more