Former member of the Board of Directors of the Central Bank of Libya, “Mraaje’ Ghaith,” said in an exclusive statement to our source that 2025 was not a good year for the Libyan economy, as it went through several crises, most notably rising inflation rates and higher prices of basic commodities, in addition to the […]
Economic expert Mohammed Al-Barghouthi said, in an exclusive statement to our source, that Libya’s economic situation during 2025 was characterized more by fragility than collapse, and by temporary stability rather than sustainability. He explained that the economy maintained an apparent balance thanks to continued oil flows, but at its core it continued to suffer from […]
The Trade and Development Bank exclusively revealed to Sada Economic Newspaper that it has postponed the implementation of its circular, which contradicts the instructions of the Central Bank of Libya and is attributed to the Control Department branch at the Central Bank in Benghazi. This circular concerns requiring the deposit of the value of foreign […]
Banking expert Mohammed Al-Shukri said that public debt cannot be paid off before it is reviewed by impartial and competent accounting, financial, and legal experts, and before it is sorted and classified into expenditures that can be accepted according to agreed-upon standards of the current phase. As for the other portion, it consists of fictitious […]
Economic expert Ibrahim Wali writes: “A year that gave to the rich and deprived the poor. Welcome, new year 2026. We greet it and hope it will be a year of goodness and peace for our beloved homeland, burdened by worries and worn down by suffering. We look forward to it carrying within it the […]
Financial analyst Khaled Al-Zantouti told our source in an exclusive statement: “Some of our officials have a habit of attributing failures and shortcomings to others, creating excuses for themselves and shifting blame. We are used to this, especially when officials come from conflicting factions loyal to certain governments, legislative bodies, or shadow administrations. They feel […]
Our source has exclusively obtained a circular issued by the Trade and Development Bank to its branches, requiring that the value of foreign currency card recharges be deposited in cash instead of using electronic payment methods. This step runs counter to the directions of the Central Bank of Libya, which call for the adoption of […]
The Central Bank of Libya confirmed exclusively to our source that, during the upcoming four-day holiday, arrangements have been made to supply all banks in cities across Libya with cash allocations to be loaded into ATM machines. This measure aims to ensure uninterrupted access to cash for citizens, given that banks will be closed during […]
Our source has obtained a copy of a decision issued by the Municipal Guard, instructing its branches to close all exchange companies and offices that have not been granted final authorization by the Central Bank of Libya. The decision applies to entities whose names are not included among the 157 offices listed in the attached […]
The Central Bank of Libya has exclusively revealed to our source that it has invited the managers of commercial banks to a meeting to discuss mechanisms for dealing with exchange companies and offices, and to grant them the authority to carry out fast transfers and SWIFT (103) transfers. The meeting will also discuss mechanisms for […]
Libyan businessman Husni Bey told our source that after the Central Bank connected all commercial banks and their branches across eastern, western, and southern Libya, in addition to linking all electronic payment service providers to the national switch and launching the “Financial Inclusion” initiative, the HB Group decided to roll out a limited pilot project […]
A number of traders in the parallel market told our source that they had closed their offices in Al-Mushir Market following recent security measures taken against them, noting that the Governor of the Central Bank of Libya has so far not granted any company or exchange office final authorization to operate, nor have clear mechanisms […]
In December 2025, the World Bank released its economic report on Libya as part of the Libya Economic Monitor series, titled “Setting the Path Towards Accountability and Transparency in Public Financial Management.” The report provides a realistic assessment of the trajectory of public financial management in Libya, stressing that the progress achieved in the recent […]
Our sources has exclusively obtained official correspondence from the Governor of the Central Bank of Libya addressed to the Prime Minister of the Government of National Unity, the Internal Security Agency, and the Ministry of Interior. The letters call for the closure of unlicensed exchange offices that have not been granted operating permits, and include […]
An international report by the World Bank has revealed Libya’s recent economic developments, with key findings pointing to a strong yet fragile recovery in economic performance, alongside the persistence of institutional imbalances. Economic Recovery Libya’s economy has witnessed a strong rebound in GDP, driven mainly by the recovery and expansion of the oil sector. Oil […]
