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Exclusive: Central Bank to Sada: December Records the Highest Foreign Currency Sales; Market Turmoil Driven by a Small Group Resisting Anti–Money Laundering Rules and Restrictions on Fake LCs

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The Central Bank of Libya revealed exclusively to our source that December has recorded the highest foreign currency sales compared to all previous months. This comes as banks prepare to secure good…
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Al-Hdhiri: “What Is the Use of Holding Conferences and Seminars With No Purpose?”

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The legal expert in the oil sector, Othman Al-Hdhiri, wrote: What is the use of holding conferences and seminars that lead nowhere? Many of us may wonder: the Ministry of Oil and the National Oil…
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Al-Shahoumi: “The Central Bank’s Statement Is an Opportunity and Rich Media Material to Discuss and Examine Our Reality and Its Causes”

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The economic expert Sulaiman Al-Shahoumi wrote: “Every time the monthly statement of the Central Bank of Libya is released, it becomes an occasion for logical and rational discussion among experts…
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Exclusive: Central Bank Addresses Several Oil Companies, the Bakeries Syndicate, and the Municipal Guard on the Use of Electronic Payment Methods

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The Central Bank of Libya has revealed its correspondence sent to general managers of several oil companies — including Libya Oil Joint Venture, Golden Palm for Oil Services, International Trust for…
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Central Bank Statement: 94 Billion Dinars in Distributed Liquidity and 61.2 Billion in Salaries Amid Heavy Spending by Ministries and Councils

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The Central Bank of Libya announced on Thursday that total revenues from January to November of the current year reached 115.3 billion dinars, compared to expenditures of 107.5 billion, resulting in…
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National Unity Ministry of Finance Requires Customs and Tax Authorities Not to Collect Amounts Exceeding 500 Dinars Except via Certified Checks or Electronic Payment

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The Ministry of Finance in the Government of National Unity addressed the Customs and Tax Authorities today, Thursday, instructing all directorates, customs centers, and tax offices not to accept th…
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