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Exclusive: Dbeibeh issues instructions to release accounts belonging to the Development Bank in dollars and euros
| News
Our source has exclusively obtained a letter from the Secretary-General of the Council of Ministers of the Government of National Unity to the Minister of Finance regarding the correspondence of the…
Economic Expert Idris Al-Sharif: A Legal and Constitutional Flaw Undermines Equality, and Must Be Corrected
| News
Economic expert Idris Al-Sharif writes: A Legal and Constitutional Flaw Undermines Equality, and Must Be Corrected
Libya’s pension system suffers from a clear imbalance in insurance (social secur…
Exclusive: Central Bank Reveals to Sada the Arrival of Cash Shipments to Libya Starting Today, in Preparation for Distribution from December Until Ramadan 2026
| News
The Central Bank of Libya stated exclusively to our source that shipments of cash began arriving in Libya today and will be delivered to the Issuance Department at the Central Bank.
These shipme…
Exclusive: Central Bank Board Decides to Inject Over $2 Billion to Cover Letters of Credit and Personal Purposes Starting December
| News
The Central Bank of Libya revealed exclusively to our source that the Board of Directors has decided to inject more than $2 billion to cover existing letters of credit and personal-use allocations f…
Al-Sharif Writes: “A Proposal to Address the Social Security Fund’s Inability to Implement Pension Increases Under Law No. 5 of 2013”
| News
The economic expert Idris Al-Sharif has written a proposal to address the Social Security Fund’s inability to implement the pension increases stipulated under Law No. 5 of 2013.The Social Security F…
Exclusive: Central Bank Issues Strict Warning to Banks: Tighten Letter of Credit Procedures or Face Penalties
| News
Our source has exclusively obtained a circular from the Central Bank of Libya addressed to commercial banks and their compliance units regarding the issuance of letters of credit. This follows the b…