Exclusive | Banking sources to Sada: The Central Bank strengthens its control over the black market, with the need for financial authorities’ support to complete the reform path
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Banking sources revealed, in an exclusive statement to our source, that the measures taken by the Central Bank of Libya over the past year fall within its efforts to strengthen control over the info…
The National: Widespread Corruption Linked to the Two Governments Puts Libya in a Serious “Financial” Predicament… Here Are the Details
The National newspaper reported on Monday that Libya has recently raised its oil production to around 1.4 million barrels per day and revised its targets to further increase output in the coming yea…
Exclusive: Central Bank Issues Operating Mechanism for Exchange Companies with a 4% Profit Margin for Cash and Cheques, and 2.5% for Transfers… and Raises the Dollar Allocation Cap
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Our source has obtained a circular issued by the Central Bank of Libya to exchange companies and exchange offices outlining the regulations for selling foreign currency to individuals, setting a cap…
Exclusive: Confirming What Sada Published: Central Bank Confirms Start of Foreign Currency Sales for Personal Purposes and Resumption of Letters of Credit Execution
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The Central Bank of Libya confirmed to our source the start of foreign currency sales for personal purposes, in line with what was previously announced, noting that the process will continue until t…
US Documents Reveal a Scheme to Access Libya’s Frozen Funds Through Epstein and His Associates
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Recently released documents by the US Department of Justice revealed that one of the close associates of the late American financier, convicted in criminal cases, Jeffrey Epstein had devised plans t…
Exclusive: Economic source reveals to Sada a 5% reduction in the consumption and exchange tax starting April
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Our source at the Ministry of Economy and Trade in the Government of National Unity revealed that an agreement has been reached to reduce the value of the consumption and exchange tax by 5%.
The…














