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An official in the Great Man-Made River Project Execution and Management Authority explains the reason for stopping pumping in the Al-Hasawna system

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The Execution and Management Authority of the Great Man-Made River Project announced that there are frequent power cuts in the area of ​​the wells fields in the Al-Hasawna system, the Jafara Plain, these days, which caused the pumping to stop partially and sometimes completely.

It was also pointed out that the operating teams in the system are working 24 hours a day to make the fields available for operation to avoid a water shortage in the consumption areas.

For his part, the director of the media affairs office in the agency, Salah Al-Saadi, confirmed in a statement to our source that, according to what was reported by the General Electricity Company, the reason for the interruption is due to the presence of excessive loads on the network and that it needs maintenance work.

Al-Saadi also noted during his speech that: « The work of the device continues over a period of twenty-four hours, and we are following the development, moment by moment. »

Brega Economy Observer: « Vegetable prices started to decline, and we have a meeting in the next two days to maintain their stability »

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The Observer of Brega economy, Ahmed Taher Al-Maqrif, told our source that « The city of Brega is a remote area, and we do not have a wholesale market for vegetables, but we follow the city of Ajdabiya in this regard. As for vegetables, there has been a significant increase since the beginning of Ramadan, it has witnessed a clear decrease in its prices today. »

He added: « The campaigns carried out by the municipality of Ajdabiya and the Municipal Guard have resulted in setting the prices of many items. We also have a major role as monitoring the economy in this matter. Tomorrow or the day after we have a meeting with the supervisory and regulatory authorities in the region to set up a mechanism for approving prices that can be even a daily bulletin for follow-up. »

Al-Asaba Economy Observer: « Whenever the campaigns intensified on wholesale stores and their follow-up and monitoring by the regulatory agencies, we notice a slight decrease in prices »

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The economic observer in the municipality of Al-Asaba, Mohammed Al-Sawamy, stated exclusively to our source: « Regarding prices, we note the rise, especially in vegetables and fruits, where the price of potatoes reached 4 dinars per kilo, as well as tomatoes and peppers, which reached 17 dinars per kilo, apples are for 10 dinars, bananas are for 6 dinars, pears are for 12 dinars and onions are for 3 dinars. »

He added by saying: « As for ration goods, the tomato box has reached its price of 45 dinars, the price of oil is 135 dinars, milk price is 4 dinars, cheese is from 2 dinars and above, tuna is from 4 dinars and above, pasta is from 4 dinars, and 25 kilos of flour price are 80 dinars. »

He continued by saying: « Regarding the solutions that were developed to lower prices, as assigning the municipal guards and following them up according to the purchase invoices, with a small profit margin, but the exporter is the reason for the high prices. We also note that when the campaigns intensified on wholesale stores and their follow-up and monitoring by the regulatory agencies, the prices decreased slightly. »

Al-Jebu: « The initiative of the Ministry of Economy with companies to sell at cost is a pioneering and authentic experience and a manifestation of social solidarity »

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The economic advisor, Wahid Al-Jebu, said during the initiative of the Ministry of Economy to honor the companies that contributed to the recent price reduction. He said: « There is no doubt that we are aware when it comes to the citizen’s and his family’s livelihood to face a rise in the month of Ramadan. The protection of the state and the philanthropists becomes an urgent and necessary need for their rapid intervention and for the people of righteousness to be among the first in providing food so that it becomes accessible to all, whether rich or middle-income and the weak, which secures them to spend the month of repentance and forgiveness without anything that worries them or distracts them from worshipping God. »

He continued, « On this occasion, the Ministry of Economy and Trade, the Food Control Center, the security services, the Municipal Guard, the civil society organizations, a number of businessmen and owners of commercial and industrial companies in the field of manufacturing, marketing and distributing foodstuffs, have all made good efforts to serve their people and prevent the occurrence of a food crisis in these circumstances that Libya is going through. »

He added: « This is an effective popular and societal solidarity in a pioneering and authentic experience that emerged from the source of Islamic Sharia, which urges cooperation and harmony between all social classes, and which aims to create a sense of safety, tranquility and trust, so that all members of the people can perform their duties in the required manner to serve the country. »

He concluded his speech: « This generous gesture made by the Ministry of Economy and a number of companies to sell their products at cost is a generous and kind gesture and a manifestation of societal advancement and evidence of social solidarity and national unity. »

An official at Food House tells our source about the details of the price-reduction initiative in cooperation with the Ministry of Economy

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The advertising official of the Food House Company, Ayman Al-Sheen, told our source about the initiative to reduce prices during the month of Ramadan, by saying: « The company presented its initiative during the last period to put an end to the high prices, and we cooperated directly with the Ministry of Economy and Trade. »

He continued, explaining: « We started selling at cost on the occasion of the holy month of Ramadan, to avoid pressure on the consumer. All our wishes are to leave a good imprint and an excellent image for the Libyan citizen, and to always enjoy comfort. »

The President of Tripoli Chamber of Commerce: « Honoring those who reduced prices is a support for everyone who takes such a step and seeks to expand the number of companies contributing to that »

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The head of the Tripoli Chamber of Commerce, Industry and Agriculture Administration Committee, Fradj Dribel, told our source, during the activities of the initiative to honor companies contributing with the Ministry of Economy in reducing the prices of basic commodities during the holy month of Ramadan, that « This initiative was aimed to thank those who do well, and encourage businessmen, companies and malls to continue to reduce their prices. »

He added: « The month of Ramadan is a month of blessings and goodness. We are supposed to take into account its position. All major markets are making discounts on the occasion of the holy month. That is why we, as Libyan and Muslim businessmen, are striving in this step. »

He continued : « The Chamber decided to honor those who made the reduction to encourage others to follow their example, as well as to support everyone who took a sound step to continue and increase the number of contributing markets in a very large way. »

The launch of festive activities honoring some markets and supplier companies

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Ceremonial activities were launched to honor some of the markets and supplier companies that reduced the prices of basic commodities and sold them at cost.

This was organized by the Tripoli Chamber of Commerce and Industry, and attended by the Ministers of Economy, of Interior and of Planning.

The central liquidity team reveals the delivery of Tripoli’s issuance department of 35 million to National Commercial Bank branches

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The liquidity team of the Central Bank of Libya revealed exclusively to our source that Tripoli’s issuance department had delivered a liquidity shipment of 35 million to the branches of the National Commercial Bank, in the context of providing liquidity in all branches of commercial banks.

10 million of them were allocated to the Zawia branch, 5 million to Zawia refinery branch, 5 million to Al-Mutard branch, 6 million to Ameria branch, 6 million to Al-Jmail branch, and 3 million to Zwara agency.

Our informed source reveals the details of the discussions that took place in the presence of Al-Kabeer and Sanalla and what oil revenues will become

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Our informed source revealed, in an exclusive statement, the details of the meeting that took place yesterday between the US ambassador, the adviser to the General Secretary of the United Nations, the governor of the Central Bank of Libya and his deputy, the head of National Oil Corporation, a government delegation, the European Union ambassador, the director of the US Treasury Department, the Egyptian ambassador to Libya, a representative of the Presidential Council, and a number of of local and international officials.

The source said: « The meeting dealt with the release of oil revenues and their registration for the account of the government, stressing the request of the Head of State for National Unity Government Affairs, Adel Jumaa, to record all revenues to finance the investment budget, but the focus of the international community shortened their request to finance the budgets of National Oil Corporation.

The source revealed that the Governor of the Central Bank of Libya Seddiq Al-Kabeer refrained from financing all of its objectives, due to the corporation’s retention of oil revenues, and the House of Representatives’ decision is directed to the Bank of Libya through which the exchange orders are limited to salaries and support.

According to the source, Sanalla indicated that the Corporation retains oil revenues with the Libyan Foreign Bank in Libya until an agreement is reached on a budget and so that none of the parties to the conflict argues and cuts off oil supplies if one party is financed against the other.

Regarding financing the expenses of the National Oil Corporation, the source said that Al Kabeer said that the lack of funding is due to the Parliament’s decision not to finance investment expenses and that most of the NOC’s budget is mostly investment.

He continued, saying: « As for the clearing, the exchange rate, and the unification of the Bank of Libya, it received little attention and the repetition of good intentions, even though the six-month map, which was agreed to be effective and complete, is nothing new. »

The director of France’s Total Energy reveals the details of the agreement concluded with the National Oil Corporation

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The director of the French Total Energy Company, Pascal Brent, said exclusively to our source, on Friday: « This agreement, which was issued by the French Total, is the continuation of commitments amounting to about 20 million dollars for oil projects that will be developed in coordination with the National Oil Corporation. »

Brent indicated that this agreement is considered as part of the French company Total’s acquisition of the American Marathon stake in the concessions of Waha Oil Company.

Our sources reveal: « An important meeting was held today between the Central Bank, the Ministry of Finance, the National Oil Corporation and several international bodies »

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Our sources revealed that a meeting was held today between the Central Bank of Libya, the Ministry of Finance, the National Oil Corporation, the technical committee in charge of the government, the Chairman of the Finance Committee in the House of Representatives, with the US Embassy, the UN envoy to Libya, Stephanie Williams, the European Union ambassador, the director of the US Treasury Department, and a number of international and locals officials.

The meeting, held in Tunis, dealt with studying the status of budget implementation and the unification of the Central Bank of Libya.

Jumhouria Bank reveals to our source that the withdrawal ceiling is open according to the value of the salary

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A source at the Jumhouria Bank revealed exclusively that liquidity is available in all branches of the bank from the beginning of the month of Ramadan to its end.

He added that the branches are keen to fill all the automatic withdrawal machines that operate on a daily basis for 24 hours, wishing all customers of the bank and the Islamic nation a blessed Ramadan.

A finance official reveals to our source the date for referring April salaries

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An official source at the Ministry of Finance revealed, in an exclusive statement to our source, that the salaries for the month of April 2022 will be transferred to the Central Bank of Libya.

The source also stated that the children’s allowance for the three months that was announced today will be officially disbursed, after being referred today to the Central Bank of Libya.

The Undersecretary of the State Audit Bureau discloses to our source the objectives and activities related to the strategic plan of 2022-2026

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The Undersecretary of the Audit Bureau in Tripoli, Alaa El-Din Al-Masallati, stated about the launch of the strategic plan for our source, by saying: « The modern and developed strategic plan project of 2022-2026 started since 2018 by assessing the gaps in the work of the Audit Bureau and developing a complete and comprehensive report under the name of « Performance Measurement Framework ». Accordingly, the strategic plan was designed, in a way that takes into account the shortcomings in the performance of the work of the Bureau. »

He explained: « This strategy emerged from the Bureau’s vision, which consists of 4 goals, the first of which is to set an example for state institutions and is linked to the elements of governance within the Bureau so that the Bureau builds itself on solid foundations of efficiency and integrity. »

He also continued: « Secondly, strengthening accountability and transparency to raise the efficiency of state institutions through exercising oversight tasks that are divided into three types: financial control, performance control and compliance control. Exercising these tasks requires scientific methodologies that operate according to standards that regulate them. »

He added: « The strategic plan has designed many activities, including a work tool, performance evaluation, training programs, and the development of employee qualifications. Thirdly, achieving the aspirations of the stakeholders, as citizens or as a legislative authority, as the other entities of the work of the Bureau and benefiting from it. Fourthly, and finally, the goal is to go globally to achieve the sustainable development goals, by carrying out the Bureau’s duties with guiding standards and guides related to this aspect. »