Central Bank: March Salary Disbursement Authorizations Received from Ministry of Finance, Payments to Begin Tomorrow via “Instant Salary” System
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The Central Bank of Libya exclusively revealed to our source that it received the authorizations for disbursing March salaries from the Ministry of Finance at the end of today’s working hours.
Th…
Exclusive: Central Bank Reveals Continued Foreign Currency Sales, with Additional $1 Billion Cash Sale Expected Soon and Dollar Stability Forecast at 8.50 LYD
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The Central Bank of Libya exclusively revealed to our source that it began today, Wednesday, April 1, resuming the sale of foreign currency to cover all approved transfer requests and letters of cre…
Worth $100 Million: Telecom Holding Company Seeks to Monitor Citizens’ Communications on Social Media Platforms
The Telecommunications Holding Company has recently suspended a number of its employees after they objected to a new technical project related to what has been described as “deep inspection” of inte…
Exclusive: Sources to Sada: No Checks or Black Market Purchases Linked to the Reconstruction Fund, Development Path Continues Based on Needs
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Our exclusive sources revealed that the Reconstruction Fund’s statement rejecting the spending agreement does not mean continued purchasing of dollars from the black market. There are initiatives a…
Exclusive: Central Bank: Meeting Concludes Between Governor and Bank Directors on Selling $2 Billion for Letters of Credit and Personal Purposes Starting Tomorrow
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The Central Bank of Libya exclusively revealed to our source that a meeting has concluded between Governor “Naji Issa,” several commercial bank directors, and the company “Muamalat.” The meeting add…
The Sentry: Armed Groups, Favoritism, and Incompetence Among the Causes of This Institution’s Scandals
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The American organization The Sentry revealed that armed groups, favoritism, and incompetence are among the causes of scandals within the Libyan Investment Authority.
The organization pointed to…