Over 23 Billion Dollars in Total: Foreign Currency Uses According to the Central Bank Statement
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A statement from the Central Bank of Libya revealed the total uses and obligations of foreign currency, which amounted to $23.193 billion.
The statement outlined various uses, including salaries…
Exclusive: Directing Correspondence to Dbeibeh and His Government Entities, Shakshak Reveals Misuse of Unclaimed Basic Salaries
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Our source has exclusively obtained a letter from the head of the Audit Bureau, Khaled Shakshak, addressed to the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, and affilia…
Bloomberg: Libya’s Daily Oil Production Reaches Highest Level in 11 Years
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Bloomberg reported on Friday that Libya’s oil production has surged to its highest daily level in 11 years, just months after a political crisis significantly reduced the country’s output.
Accord…
Reuters: Central Bank of Libya Plans to Print 30 Billion Dinars to Ease Liquidity Crisis
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Reuters reported on Friday, citing the Central Bank of Libya, that it has contracted with the British company De La Rue to print 30 billion dinars ($6.25 billion) in an effort to address the liquidi…
Exclusive: New Shipment of Currency Arrives at the Central Bank of Libya Vaults
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The Central Bank of Libya revealed in an exclusive statement to our source that a new shipment of currency has just arrived at the Central Bank via Mitiga International Airport. The shipment was imm…
Exclusive: Audit Bureau Deputy Urges Telecommunications Authority to Cease Covering Expenses Through LPTIC Holding Company
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Our source has exclusively obtained a correspondence from the Deputy of the Libyan Audit Bureau, Atiat-Allah Hussein Abdul Karim, addressed to the Chairman of the General Authority for Communication…