Our banking source revealed that reports about the Central Bank studying a tax rate increase are false, clarifying that such a decision falls under the jurisdiction of the House of Representatives, not the Central Bank. The source further explained that the exchange rate is determined by the government, not the Central Bank, as the Libyan […]
Independent Arabia has revealed that the French Financial Prosecutor’s Office began its pleadings today, Tuesday, which will continue until Thursday evening, against former French President Nicolas Sarkozy and other defendants, including three former ministers, in the case of suspected Libyan funding for his 2007 election campaign. According to the newspaper, the case dates back to […]
Our source has exclusively obtained the decision of the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, to establish a fund for supporting and guaranteeing financing for startup innovation companies. The National Council for Economic Development will oversee the fund’s programs and advisory services, which include monitoring and evaluating the effectiveness of […]
The banking expert Ghassan Atiqa wrote an article titled: “The Libyan Dinar Between Monetary Policies and Economic Challenges: A Quick Analytical Review 2015-2025.” Over the past decade, the Libyan economy has experienced sharp fluctuations due to the interplay of political and economic factors, multiple decision-making centers, and the lack of an integrated development strategy. The […]
Financial expert Khaled Al-Zantouti wrote an article stating: “In these blessed Ramadan days, we continue to receive troubling news and statistics. From horrific traffic accidents, leading to a significant number of deaths, to reports from the Central Bank highlighting the severe economic difficulties and the weakness of our economic structure. Our economy is built on […]
The Central Bank of Libya exclusively revealed to our source that it has sent a new cash shipment today from Mitiga Airport in Tripoli to Benghazi, carrying 60 million dinars designated for the Benghazi branch’s vaults. The bank continues to dispatch cash shipments successively to ensure liquidity reaches all Libyan cities, as part of its […]
In an important statement published on its page, the Central Bank of Libya revealed that foreign exchange sales executed between March 1 and March 17, 2025, amounted to approximately $1.1 billion for personal purposes and $1.2 billion for documentary credits, bringing total sales to $2.3 billion. Meanwhile, oil revenues deposited into the Central Bank during […]
The Financial Times reported on Friday that in late March 2024, the oil tanker “Mardi,” flying the flag of Cameroon, vanished from ship tracking databases after spending two days roaming the Mediterranean east of Malta. It reappeared a month later in northern Libya. According to the newspaper, “Mardi” is one of 48 vessels identified by […]
The Central Bank of Libya exclusively told our source that during an urgent visit, the bank’s governor provided a briefing to the Speaker of the House of Representatives, Aguila Saleh, on the latest economic and financial developments in the country. The governor outlined key challenges hindering the CBL’s efforts to strengthen the Libyan dinar, citing […]
A senior official at the Central Bank of Libya exclusively told our source that, as part of the bank’s plan to ensure cash liquidity across all Libyan cities, a new shipment of printed currency has just arrived from abroad. The shipment has been transferred directly to the Central Bank to support the Issuance Department’s reserves, […]
Professor of Economics at the Libyan Academy, Dr. Omar Othman Zarmouh, told our source that the Central Bank of Libya’s statement clearly indicates that the amount of foreign currency received from the National Oil Corporation is significantly lower than the demand, resulting in a foreign exchange deficit. He continued: “The statement suggests that, to stabilize […]
The head of the Accounting Department at the Libyan Academy, Dr. Abu Bakr Abulqasim, told our source: “Do not leave the Central Bank alone.” He added that the Central Bank’s weekly and monthly reports serve as warning messages to all Libyans, as if the bank is telling us: The Central Bank remains standing alone, facing […]
The American website APA reported that the Central Bank of Libya has expressed concerns over a significant gap between foreign currency sales and oil revenues in mid-March, placing increasing pressure on the country’s reserves and economy. The website confirmed that between March 1 and 17, 2025, the Central Bank of Libya sold $2.3 billion in […]
Written by Anas Shneibish: The Stability of the Libyan Dinar Between Present Challenges and Future Solutions The Libyan economy is under increasing pressure due to the continuous decline in oil revenues and the sharp rise in demand for foreign currency. A statement issued by the Central Bank of Libya on March 18, 2025, revealed that […]
Sada Economic Newspaper extends its apologies to Mr. Munther Al-Shahoumi, who was mentioned as an assistant in money laundering for transferring suspicious funds. The information was based on a fabricated and circulated version of the Africa Intelligence report. The newspaper also apologizes to all individuals whose names were mentioned in that context, as well as […]
