Exclusive: Husni Bey Comments on Central Bank and NOC Statement as a Wake-Up Call, and Questions the Appropriate Exchange Rate to Avoid Budget Deficit
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Libyan businessman Husni Bey told our source: “Through following the page The Economic Salon, which is a non-governmental organization and civil society entity focused on economic matters, and obser…
Exclusive: Al-Ghwil Lists Reasons for Delayed Transfers of Oil Revenues from the National Oil Corporation to the Central Bank
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Presidential candidate and economic expert Mohamed Al-Ghwil stated to our source regarding the delay in transferring revenues from the National Oil Corporation to the Central Bank of Libya, saying…
Al-Akkari Questions: “Why Is Only One Entity Allowed to Issue Reports and Clarify the Truth to Society While Using Part of Its Reserves to Mitigate Parallel Market Risks?!”
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Former member of the Central Bank of Libya’s Exchange Rate Committee, Misbah Al-Akkari, expressed his concerns on his official Facebook page:
“With the price of oil at $80 per barrel, the Nationa…
The Central Bank Covers the Demand for Foreign Currency from Its Accounts as the National Oil Corporation Explains Delays in Revenue Deposits
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The Central Bank of Libya announced in a statement yesterday that it continues to meet the demand for foreign currency, which exceeds the oil revenues deposited into its accounts since the beginning…
Reasons Behind Qaderbouh’s Decision and Instructions to Suspend Appointments, Contracts in the Public Sector, and Domestic and Overseas Scholarships
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The President of the Administrative Control Authority for the Western Region, Abdullah Qaderbouh, has decided to halt the procedures for appointments and contracts in public sector positions until f…
Tight Security Measures at Al-Wafa Field: Details Inside
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The North Africa Post reported on Monday that the Petroleum Facilities Guard branch in the south has called on all entities responsible for securing the Al-Wafa oil field in response to what it desc…