Exclusive: Abulqasim: Do Not Leave the Central Bank Alone
| News
The head of the Accounting Department at the Libyan Academy, Dr. Abu Bakr Abulqasim, told our source: “Do not leave the Central Bank alone.” He added that the Central Bank’s weekly and monthly repor…
Foreign Currency Sales Rise While Libyan Oil Revenues Decline… “US Website” Reveals Economic Impact in Libya
| News
The American website APA reported that the Central Bank of Libya has expressed concerns over a significant gap between foreign currency sales and oil revenues in mid-March, placing increasing pressu…
Exclusive: Al-Wahsh – “The Correct Short-Term Solution Is to Unify and Control Public Spending, Ensure Regular Foreign Revenues, and Avoid Deficit Financing”
| News
Economic expert Saber Al-Wahsh stated exclusively to our source: “Uncontrolled spending has driven the demand for foreign currency to $2.3 billion, while revenues amounted to only $778 million, resu…
Exclusive: Central Bank Announces Shipment of 60 Million Dinars in Cash to Sebha
| News
The Central Bank of Libya revealed exclusively to our source that it has dispatched a new cash shipment today from Mitiga Airport in Tripoli to the city of Sebha, carrying 60 million Libyan dinars…
Exclusive: Gaith to Sada – Exchange Rate Adjustment and Tax Removal Won’t Affect Foreign Currency Demand… Here’s Why
| News
Former Central Bank of Libya board member, Mrajaa Gaith, told our source that modifying the exchange rate or increasing the tax will not impact the demand for foreign currency. He explained that tho…
Exclusive: Central Bank Sources to Sada – Monetary Policy Committee Preparing a Key Financial Report for Major Decisions
| News
Our sources from the Central Bank of Libya revealed in an exclusive statement that the Monetary Policy Committee at the Central Bank is in the process of preparing a detailed and crucial report cove…