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Reuters: Libya Considering Raising Oil Production to 1.6 Million Barrels Per Day Next Year
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Reuters reported on Tuesday, quoting Oil Minister Khalifa Abdul Saddeq, that Libya is considering increasing its oil production to 1.6 million barrels per day in 2026 and to 1.8 million barrels per…
Naji Issa: “The Banking Sector Is Under Pressure… And This Is What Will Happen If We Don’t Raise Citizens’ Purchasing Power”
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The Governor of the Central Bank of Libya, Naji Issa, stated regarding the Banking Investment Initiative that it is not necessarily meant to be implemented next month, but rather to be ready as part…
Exclusive: Government Of National Unity Instructs Public Entities To Adopt Electronic Payment Systems And Cease Cash Or Manual Transactions
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Our source obtained a circular from the Secretary-General of the Cabinet of the Government of National Unity addressed to ministers and public institutions, mandating the adoption of electronic paym…
Exclusive: Minister of Finance of the Government of National Unity Urges Inclusion of Electronic Payment Methods in the Budget Regulations
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Our source exclusively obtained a previous correspondence from the Minister of Finance of the Government of National Unity addressed to the Prime Minister, proposing a partial amendment to the budge…
Exclusive: Dbeibeh Authorizes 341.8 Million Dinars for Urban Planning to Address Existing Urban Conditions
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Our source exclusively obtained the decision of the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, granting authorization to the Ministry of Urban Planning to issue financi…
Exclusive: Central Bank to Sada – Operations Department to Begin Disbursing October Salaries Tomorrow
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The Central Bank of Libya revealed exclusively to our source that the Operations Department at the Bank will begin disbursing October salaries tomorrow through the “Instant Salary” system.
This…