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Al-Mishri: “The Libyan Economy Is Not Characterized by Simple Corruption but by Large-Scale Theft” – Italy’s Nova Agency Reveals Many Details
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During the 7th Annual Conference of the National Council on U.S.-Libya Relations in Washington, the Head of the High Council of State, Khaled Al-Mishri, emphasized the economic and security issues f…
Exclusive: Zarmouh: A Series of Contradictions and Disturbances in the Decisions of the Central Bank of Libya
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Economics professor at the Libyan Academy, Omar Zarmouh, commented exclusively to our source on the Central Bank of Libya’s decision regarding the exchange rate adjustment, saying:
What is surpr…
Reuters Reveals Production Sharing Contracts in New Oil Bid Round in Libya
| News
Reuters reported today, Monday, quoting oil officials, that Libya will offer 22 oil exploration and development blocks in its first bidding round in more than 17 years.
According to Reuters, the…
Exclusive: Central Bank Issues Reminder on 50-Dinar Withdrawal Deadline and Urges Action from Citizens and Banks
| News
Our source obtained a reminder from the Central Bank of Libya regarding the deadline for withdrawing the 50-dinar banknotes by the end of April.
The Central Bank stated: The final date to accept…
Exclusive: Husni Bey Comments on the Exchange Rate Adjustment: The Majority Calls for Reform but Rejects Change, Insisting on Tools and Mechanisms Proven to Fail
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Libyan businessman Husni Bey told our source in an exclusive statement: In my view, the rate approved, with an added 15% fee, actually represents a devaluation of the exchange rate, not an increase…
Al-Akkari: “The Central Bank’s Decision to Adjust the Exchange Rate is to Protect Reserves… Our Dinar Will Rise and the Dollar Will Drop the Day National Loyalty Rises”
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Banking expert Misbah Al-Akkari stated on his official Facebook page: When a three-month window is granted to issue a unified budget that serves the entire homeland, with the Central Bank involved i…