Banking expert Mohammed Abu Snina wrote an article inspired by the lecture “The Fourth Industrial Revolution” delivered by Professor Al-Madani Dakheel on September 6, 2025, at the headquarters of the Peace and Prosperity Party: A Vision Toward a Better Future for Libya Economists write, comment, and discuss many events and developments in the economic sphere, […]
The Central Bank of Libya, in its monthly statement on revenue and public expenditure for the first eight months of 2025, reported that the Ministry of Economy under the Government of National Unity spent 67.7 million dinars. These expenditures include 14.4 million dinars for the Price Stabilization Fund and 13.9 million dinars for the Price […]
The Central Bank of Libya issued its monthly statement on revenue and public expenditure for the first eight months of 2025, revealing that the number of individual subscribers to the instant transfer service reached 5 million during this period, while merchant subscribers totaled 127.6 thousand. The number of transactions carried out through the merchant instant […]
The Central Bank of Libya, in its monthly statement on revenue and public expenditure for the first eight months of 2025, revealed that revenues amounted to 84.3 billion dinars, while expenditures reached 71.5 billion dinars, resulting in a surplus of 12.8 billion. It also reported that the total spending of the House of Representatives, the […]
Our senior official from the Central Bank of Libya revealed exclusively that the bank’s foreign currency management has achieved its objectives, with a balance of payments deficit of only $400 million—the portion withdrawn from foreign currency reserves. According to the source, this strengthens the bank’s ability to take decisive actions in the market despite strong […]
The Central Bank of Libya, in its monthly statement on revenue and public spending covering the period from January 1 to August 31, 2025, reported oil revenues and royalties deposited with the bank totaling $15.8 billion. Meanwhile, foreign currency expenditures reached $21.7 billion by the end of August 2025, resulting in a deficit of approximately […]
Economist Mohamed Al-Safi told our source in an exclusive statement: “Using technology to fight corruption – after the success of the ‘Instant Salary’ initiative, it is now time for the Customs Tracking System.” He continued: “The ‘Instant Salary’ initiative introduced more organized procedures and reduced chaos in the salaries sector. It became clear how technology […]
Our customs sources revealed in an exclusive statement that the Central Bank of Libya has issued a circular to commercial banks, requiring applicants for letters of credit to complete the registration process in the cargo tracking system for goods imported into Libya through the Customs Authority. The directive is to be implemented starting November 1, […]
Our source has exclusively obtained a circular from the Central Bank of Libya addressed to banks, instructing them not to reintroduce the banknotes scheduled for withdrawal at the end of September. The circular emphasized that cashiers must collect all banknotes withdrawn from circulation, closely monitor compliance with the instructions, and warned that the penalties stipulated […]
The Islamic Call Society stated to our source that the Ministry of Awqaf in Jordan illegally removed the Libyan flag and the Society’s flag from the buildings of Sheikh Al-Shuhada Omar Al-Mukhtar Schools, located in the Society’s endowment building in Amman, which has been registered under the Society’s name since 1981. The Society explained that […]
Our source obtained an exclusive copy of the National Unity Government’s circular directed to ministries and affiliated entities regarding the implementation of Dbeibah’s instructions to submit employee data to the Ministry of Finance. The circular also stresses the necessity of completing all employee data in the “Instant Salary” system, ensuring accuracy and completeness to avoid […]
Written by political economy professor Mohamed Al-Barghouthi In contemporary economic experiences, the central bank is not viewed as the sole institution responsible for economic reforms. Rather, it is part of an integrated system that includes the Ministries of Finance, investment authorities, regulatory agencies, commercial banks, and executive authorities. When this system operates in harmony, it […]
Our source obtained instructions from the Central Bank of Libya to banks regarding the extension of working hours until 6 PM, to give all customers the opportunity to deposit withdrawn banknotes of 5 and 20 dinars. The banks are instructed to promptly deliver the deposited currency to the Issuing Department’s vaults in Tripoli, Benghazi, Al-Bayda, […]
Our source obtained a copy of the Central Bank of Libya’s circular to banks, instructing them to comply with Board of Directors’ decisions (reference numbers 25-26-27) issued on 16/6/2025, regarding the withdrawal of the first and second issues of the 20 dinar banknotes, the sixth, seventh, and revised seventh issues of the 5 dinar banknotes, […]
Oil Minister Mohamed Aoun stated exclusively to our source:“I would like to clarify the circumstances of what happened to me today, 13 Rabi’ al-Awwal 1447 AH / September 6, 2025, at Mitiga Airport, where I was planning to travel with my youngest son for a personal matter. What I recall is that there was an […]
