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Economist Mohsen Drija wrote: One of the successful steps taken by the Central Bank of Libya over the past year has been the expansion of payment card usage—something that had been advocated for…
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A senior source at the Libyan Investment Authority told our source that issuing a default judgment against the head of the institution—despite the institution’s address being publicly known and the…
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The Director of the Information and Economic Documentation Center at the Ministry of Economy filed a formal complaint against Mohamed Al-Huwaij, the dismissed Minister of Economy under the Governmen…
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The South Tripoli Court issued a ruling sentencing the head of the Investment Authority, Ali Mahmoud, to one year in prison and removing him from office in a case filed against him by former head of…
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The Central Bank of Libya confirmed exclusively to our source that it is working to implement a flexible plan to inject $1 billion for letters of credit to be sold to banks, along with $1 billion in…
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The Central Bank of Libya revealed exclusively to our source that bookings for U.S. dollar cash have begun through the personal allocation system, with plans to later add a cash booking option for e…