Exclusive – Hosni Bey to Sada: Burning Cheques Is a Crime, and Protecting the Economy and Citizens Begins by Draining the Sources of Exploitation
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Libyan businessman Hosni Bey told our source in an exclusive statement that speculation on the Libyan dinar — known as “burning cheques” — is a crime, stressing that protecting the economy and citiz…
Bangladesh Embassy: Two Additional Flights Soon to Repatriate the Largest Possible Number of Bangladeshi Migrants
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The Embassy of Bangladesh in Libya announced on Monday that through the continuous efforts of the Bangladeshi Embassy in Tripoli, and in full cooperation with the Government of National Unity, 309 B…
Exclusive: Central Bank Reports Large Foreign Currency Purchases Driving Up Dollar Rate, Tracking Underway to Identify Final Beneficiaries
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The Central Bank of Libya confirmed in an exclusive statement to our source that a large-scale purchase of foreign currency is contributing to the rise in the dollar exchange rate. The source of the…
Exclusive: Al-Sharif: “The Banking System Has Failed to Reinvest Its Excess Deposits… The Central Bank Must Rebuild Collapsed Trust”
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Economic expert Idris Al-Sharif told our source exclusively: “The Libyan economy is a simple cash-based economy. Despite efforts to expand electronic payment services, which have achieved remarkable…
Exclusive: With Figures and Analysis: Al-Shahoumi Reveals the Reasons Behind the Worsening of Check Speculation and the Absence of Electronic Alternatives
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In an exclusive statement to our source, economic expert Dr. Suleiman Al-Shahoumi said that the current situation, which has deepened check speculation, must be studied carefully. He explained that…
Exclusive: Al-Sharif: Public Spending Must Be Controlled, and the Central Bank Should Impose Strict Oversight on Bank Accounts and Exchange Companies
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Economics professor at the University of Benghazi, Ali Al-Sharif, told our source exclusively that eliminating currency speculation requires maintaining a steady supply of goods and services in the…