Libyan Audit Bureau Warns PM Over Oil Minister’s Accumulation of Multiple Positions
| News
The Libyan Audit Bureau, headed by Khaled Shakshak, has sent an official letter to the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, as part of its oversight responsibilit…
Libya’s Central Bank to Inject $1 Billion in First Phase to Meet Demand and Stabilize Market
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The Central Bank of Libya told our source that it now has the capacity to inject sufficient US dollar liquidity to meet citizens’ needs and balance the market.
The Central Bank added that it will…
Libya’s Central Bank Approves Cash Dollar Sales and Eases Transfer Restrictions Amid New Dollar Shipments
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The Central Bank of Libya confirmed to our source that, during a meeting with commercial banks, an agreement was reached to begin selling US dollars in cash.
This comes alongside the easing of pr…
Middle East Monitor: Turkey Extends Its Presence in Tripoli While Eastern Libya Is Being Rebuilt with Oil Money
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The Middle East Monitor reported on Sunday that eastern Libya is following a different path, noting that average oil production has reached 1.37 million barrels per day by 2025—the highest level in…
Exclusive: Central Bank Instructs Commercial Banks to Coordinate with Issuance Department to Secure Cash Liquidity Needs
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Our source obtained a communication from the Central Bank of Libya addressed to commercial banks, instructing them to contact the Issuance Department and its branches outside the city of Tripoli. Th…
Exclusive: Central Bank Reveals Mechanism for Distributing $1 Billion in Cash to Banks, Sets Maximum Exchange Rate at 6.43 LYD per Dollar
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The Central Bank of Libya revealed to our source that an initial batch of $1 billion in cash will be distributed to commercial banks. The booking and purchasing mechanism will follow the same system…
















