The Central Bank of Libya exclusively revealed to our source that starting next Monday, operations will resume under the personal purposes system. Outstanding reservations from 2025 (December) will be covered within a ceiling of USD 600 million. Thereafter, exchange companies will continue selling allocations for personal purposes for 2026 at USD 2,000, provided either in cash or via transfer, in addition to USD 8,000 for medical treatment and study purposes.
The Central Bank confirmed that on Monday, exchange companies and offices that have been operating their systems on a trial basis will officially begin operations.
The Central Bank added that in February, the first batch of cash dollars—estimated at USD 600 million—will arrive, with the same amount to be delivered monthly thereafter to the Central Bank of Libya’s vaults.
The Central Bank further stated that taxes on food and essential goods, medicines, animal feed, infant formula, diapers, and other items have been abolished, meaning a zero tax rate.
The statement concluded by noting that an agreement has been reached to support goods ahead of the holy month of Ramadan at reduced and subsidized prices through the Ministries of Economy in both western and eastern regions.
