Financial analyst Khaled Al-Zantouti wrote: “Where is the safe haven — gold, the dollar, or perhaps the yuan soon? Many of us still believe that the dollar and gold represent eternal safe havens — but the question is, for how long? I wouldn’t disagree that gold is a safe haven — given its precious nature, […]
Economics professor Anas Al-Amin wrote an analysis titled “Inflation in Libya Between Structural Imbalance and the Socialist Legacy.” Although inflation is seen in most economies as a negative phenomenon that weakens purchasing power and disrupts markets, global experience has shown that moderate inflation can actually serve as a tool to stimulate growth—provided it is managed […]
Our source has exclusively obtained a letter from the Director of the Budget Department at the Ministry of Finance of the Government of National Unity addressed to the Department of Financial Controllers. The letter instructed the initiation of an inventory of the financial entitlements of public sector employees for the years 2012–2024, to be submitted […]
Libyan businessman Hosni Bey explained the dynamics of Libya’s economy and the reasons behind the liquidity crisis during a session of the Economic Salon — a forum that brings together leading economists, banking professionals, financial brokerage managers, businesspeople, and young entrepreneurs, alongside members of Libya’s sovereign institutions. He said: “Personally, I do not believe in […]
Energy Capital Power revealed on Tuesday that Libya faces an annual infrastructure financing gap of $37.2 billion, equivalent to about 85.8% of its GDP, which is necessary to modernize its energy, water, and transport systems by 2030. According to the African Development Bank, closing this gap is crucial not only for economic recovery but also […]
The Central Bank of Libya confirmed in an exclusive statement to our source that the liquidity issue will gradually be resolved to cover the market shortage, with shipments valued at over 14 billion to be delivered by the end of December. Adding: “With the continued acceleration of electronic payment processes, a major contract has been […]
The Central Bank of Libya confirmed in an exclusive statement to our source that the delay in settling the value of personal items is due to review and coverage verification processes. The full settlement, amounting to approximately $380 million, will be completed, along with the sale of $1.5 billion for letters of credit, which have […]
The French intelligence website Africa Intelligence reported on Sunday that a Libyan initiative has been launched at the United Nations to sanction those involved in the mismanagement of Libya’s frozen assets. According to the French website, a Libyan committee recognized by the House of Representatives has requested that the United Nations review the frozen funds […]
Our source has exclusively obtained a letter from the Chairman of the Board of Directors of the Libyan Post, Telecommunications and Information Technology Company (LPTIC) in the Eastern Region, addressed to the Attorney General. In the letter, he filed a complaint and requested an investigation into the decision issued by LPTIC in the Western Region […]
The International Monetary Fund has published a research paper on subsidy reforms in Arab countries, co-authored by Libyan economist Haitham Turok. The paper noted that energy subsidies—whether for fuel, gas, or electricity—remain widespread across the Arab world, leading to significant financial, economic, and environmental costs. Arab countries with more extensive energy subsidies tend to record, […]
Written by Economics Professor Anas Al-Amin Libya is not an exception in the region when we hear of an American company called K2 Integrity entering the financial scene under the banner of reform and transparency. Before us, this company had already entered Iraq, embedding itself within the deepest layers of its banking institutions, with the […]
Economics professor Helmi Al-Gmati wrote: The quarterly data issued by the Central Bank of Libya up to June 30, 2025, indicate that the cash shortage crisis in commercial banks is not due to a scarcity in the total money supply, but rather to a structural imbalance in the components of the monetary base (Currency with […]
The Central Bank of Libya revealed in an exclusive statement to our source that the phase of withdrawing currency denominations was exhausting for both banks and the national economy, posing major challenges. It added: “We are now beginning new steps toward restoring stability in the market and compensating for the liquidity shortage. We will intervene […]
The French website Africa Intelligence revealed that Erik Prince, founder of the notorious private security company Blackwater, is preparing to return to Libya—but this time through the oil sector rather than security operations. The site explained that Prince, a former U.S. Navy officer and founder of Frontier Services Group and Victus Global, is currently leading […]
The Central Bank of Libya exclusively told our source that it had no choice but to make the decision to preserve the integrity of the national currency. The withdrawal of 50 and 20 dinar notes was a national and historic decision aimed at saving what could be saved, and the bank assumes full responsibility despite […]
