Libya Enters “New Phase” as Central Bank Pushes Major Economic Overhaul
The Central Bank of Libya (CBL) has announced the start of what it describes as a new phase in the ...
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Tag: economy
IMF Raises Alarm Over Libya’s Finances Amid Oil Revenue Boost
The International Monetary Fund has warned that Libya’s current fiscal path is unsustainable, despite rising oil revenues, highlighting growing risks ...
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Libya’s Economy Slips Near the Bottom of Global Freedom Rankings
Libya has ranked 174th out of 176 countries in the 2026 Index of Economic Freedom, highlighting deep structural challenges in ...
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New Trade Route Puts Libya at the Heart of Africa-Bound Commerce
Tunisia has launched a new trans-Saharan trade corridor project in partnership with Libya, aiming to boost trade flows with sub-Saharan ...
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Saddam Haftar Launches Drive to Boost Youth Economy in Southern Libya
An initiative backed by Saddam Haftar, Deputy Commander-in-Chief of the Libyan National Army, is expanding economic support programmes in southern ...
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Central Bank of Libya Moves to Stabilise Currency With Major Cash Injection
The Central Bank of Libya is accelerating efforts to stabilise the country’s cash market through an expansionary plan to print ...
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UN Calls for Public Input on Libya’s Economic Future
The United Nations Support Mission in Libya (UNSMIL) has announced an open invitation to Libyans to participate in an upcoming ...
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Libya Expands Digital Payments With New E-Wallet Rules and Transfer Limits
The Central Bank of Libya has issued new regulations governing electronic payment services and digital wallets, as part of broader ...
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Libya Records 14.4 Billion Dinars in Revenue as Oil Dominates Early 2026 Finances
The Central Bank of Libya (CBL) has announced that Libya’s total public revenues reached approximately 14.43 billion Libyan dinars during ...
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Libya’s Import Tax Sparks Parliament Power Struggle
A public dispute has erupted within Libya’s parliament over the controversial decision to impose taxes on imported goods, a measure ...
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