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Exclusive: Confirming No Impact on Reserves… Central Bank Explains Reasons for Delay in Settling Personal Items
| News
The Central Bank of Libya confirmed in an exclusive statement to our source that the delay in settling the value of personal items is due to review and coverage verification processes. The full sett…
Africa Intelligence: The United Nations reviews Libya’s frozen assets abroad
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The French intelligence website Africa Intelligence reported on Sunday that a Libyan initiative has been launched at the United Nations to sanction those involved in the mismanagement of Libya’s fro…
Exclusive – “LPTIC Eastern Region” files a complaint to the Attorney General regarding the decision of “LPTIC Western Region” to separate jurisdictions among sector companies
| News
Our source has exclusively obtained a letter from the Chairman of the Board of Directors of the Libyan Post, Telecommunications and Information Technology Company (LPTIC) in the Eastern Region, addr…
The International Monetary Fund Publishes a Research Paper on Subsidy Reforms in Arab Countries
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The International Monetary Fund has published a research paper on subsidy reforms in Arab countries, co-authored by Libyan economist Haitham Turok.
The paper noted that energy subsidies—whether f…
Exclusive: Central Bank: “The currency withdrawal phase was exhausting for banks and the economy; we are beginning new steps to restore market stability and address the liquidity shortage”
| News
The Central Bank of Libya revealed in an exclusive statement to our source that the phase of withdrawing currency denominations was exhausting for both banks and the national economy, posing major c…
Exclusive: “Central Bank”: Withdrawal of 50 and 20 Dinar Notes a National and Historic Decision to Save What Could Be Saved, and We Bear Its Responsibility Despite the Resulting Cash Shortage
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The Central Bank of Libya exclusively told our source that it had no choice but to make the decision to preserve the integrity of the national currency. The withdrawal of 50 and 20 dinar notes was a…