Energy Capital Power: Libya Leverages Foreign Investment and Reforms to Bridge Its $37 Billion Infrastructure Gap
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Energy Capital Power revealed on Tuesday that Libya faces an annual infrastructure financing gap of $37.2 billion, equivalent to about 85.8% of its GDP, which is necessary to modernize its energy, w…
Exclusive: Central Bank: Liquidity Issue Will Gradually End to Cover Market Shortage, and Major Contract with Printing Company Worth 60 Billion
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The Central Bank of Libya confirmed in an exclusive statement to our source that the liquidity issue will gradually be resolved to cover the market shortage, with shipments valued at over 14 billion…
Exclusive: Confirming No Impact on Reserves… Central Bank Explains Reasons for Delay in Settling Personal Items
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The Central Bank of Libya confirmed in an exclusive statement to our source that the delay in settling the value of personal items is due to review and coverage verification processes. The full sett…
Africa Intelligence: The United Nations reviews Libya’s frozen assets abroad
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The French intelligence website Africa Intelligence reported on Sunday that a Libyan initiative has been launched at the United Nations to sanction those involved in the mismanagement of Libya’s fro…
Exclusive – “LPTIC Eastern Region” files a complaint to the Attorney General regarding the decision of “LPTIC Western Region” to separate jurisdictions among sector companies
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Our source has exclusively obtained a letter from the Chairman of the Board of Directors of the Libyan Post, Telecommunications and Information Technology Company (LPTIC) in the Eastern Region, addr…
The International Monetary Fund Publishes a Research Paper on Subsidy Reforms in Arab Countries
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The International Monetary Fund has published a research paper on subsidy reforms in Arab countries, co-authored by Libyan economist Haitham Turok.
The paper noted that energy subsidies—whether f…