Al-Farisi to Erem News: “If a Unified Budget Is Not Reached and Unrestrained Spending Continues, the Currency Will Be Devalued Repeatedly”
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In a statement to Erem Business, Professor of Economics at the University of Benghazi, Ayoub Al-Farisi, said that the International Monetary Fund (IMF) typically intervenes in a country’s economic d…
Exclusive: Al-Harshaoui Reveals to Sada the Truth Behind Lifting Subsidies… and What It Indicates
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Jalel Al-Harchaoui, an expert in Libyan affairs at the Royal United Services Institute (RUSI), told our source on Sunday that every three to six months, Libyan officials reiterate the importance of…
The Central Bank of Libya Moves with International Weight: Major Partnerships and Upcoming Reforms
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The Governor of the Central Bank of Libya, Mr. Naji Issa, held a series of important meetings during his recent visit to the United States, on the sidelines of the IMF and World Bank Annual Meetings…
Exclusive – General Electricity Company Sets Summer Peak Power Rates for Factories
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Sada Economic has obtained a decision from the Chairman of the Board of the General Electricity Company stating that the electricity rate during the summer peak hours — from 1 PM to midnight — will…
Exclusive – Government of National Unity Decides to Register All Lands and Housing Sites Under the National Housing Program
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Al-Sada Economic has exclusively obtained the Government of National Unity’s decision to register all lands and housing site locations — that have been transferred to it under existing legislat…
Exclusive – Central Bank Source to Sada: The Battle with Top Traders Reaches Breaking Point After Consecutive Blows… Details Inside
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Our source from the Central Bank of Libya revealed that the Bank’s battle with major traders has reached a breaking point, as Governor Nagy Issa has dealt a series of successive blows to currency de…