Exclusive.. Central Bank confirms execution of $3.7 billion in letters of credit this week, saying the measure will ease demand and cover market needs
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Confirming what our source had exclusively reported, the Central Bank of Libya revealed that this week it executed letters of credit worth $3.7 billion in the form of sales to banks and granting fin…
Exclusive.. Central Bank to Sada: Import Ban Without Banking Procedures Now in Effect.. New Measures to Allow Direct Transfers to the Chinese Market
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The Central Bank of Libya told our source exclusively: We have coordinated with the Ministry of Economy on implementing a package of measures to regulate the import process, including a ban on impor…
Exclusive.. Customs Authority addresses the Head of Misrata Free Zone Port Customs regarding the enforcement of the ban on import, export, and re-export activities
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Our source has exclusively obtained a correspondence from the Customs Authority addressed to the Head of Misrata Free Zone Port Customs concerning the enforcement of the ban on practicing import, ex…
Exclusive.. Libya’s Ambassador to Italy: “We are working to resolve the issue of frozen embassy funds caused by old debts”
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Libya’s Ambassador to Italy, Mohannad Younis, confirmed exclusively to our source that the funds of the Libyan embassy in Italy have been frozen.
According to Younis, the reason goes back to laws…
Exclusive: Government of National Unity Addresses Acting Director General of Customs on Cash Disclosure at Border Points
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Our source has exclusively obtained a correspondence from the Government of National Unity addressed to the Acting Director General of the Customs Authority regarding the implementation of the Centr…
Exclusive: Central Bank Circulates Notice to Banks on Imminent End of Withdrawal Period for 20, 5, and 1 Dinar Notes
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Our source has exclusively obtained a circular from the Central Bank of Libya, instructing commercial banks to once again notify their customers of the approaching end of the withdrawal period for t…