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Economists: Regulating the Production and Consumption Tax Restores Balance to the Currency Market and Lowers Prices of Essential Goods
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Economists believe that the decision to regulate the production and consumption tax represents a pivotal reform step to address distortions in the currency market and the system of letters of credit…
Exclusive: Central Bank of Libya Governor Addresses Khaled Al-Mabrouk, Directing Customs and Tax Authorities to Verify Import Disclosure and Fee Collection
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Our source exclusively obtained a letter from the Governor of the Central Bank of Libya, Naji Issa, in which he calls on the Minister of Finance in the Government of National Unity, Khaled Al-Mabrou…
Exclusive: Central Bank of Libya Governor to Mohamed Al‑Huwaij: Allocation of Letters of Credit Was Sector-Based Amid the Absence of a Guiding Budget to Regulate the Market
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Our source obtained a correspondence from the Governor of the Central Bank of Libya addressed to the Minister of Economy in the Government of National Unity, Mohamed Al-Huwaij, in which he confirmed…
Economic Analyst to Sada: Parliament’s Decision to Impose the Tax Is Correct and Will Close Corruption Files in Letters of Credit, Expectations for the Parallel Market
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An economic analyst said, in a statement to our source, that the decision of the House of Representatives represents a step in the right direction and is one that has been awaited for years. Imposin…
Exclusive: From Wheat to Luxury Cars… Production and Consumption Taxes Redraw Libya’s Market Prices in 2026
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Our source obtained the decision of the Libyan House of Representatives regarding the imposition of a production and consumption tax and regulatory fees on a number of goods and capital assets for 2…
Exclusive: Central Bank of Libya to Sada: Tax on Foreign Currency Sales Abolished, New Figures
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The Central Bank of Libya exclusively revealed to our source that the official exchange rate against the US dollar has been set at approximately 6.36 dinars per dollar, alongside the abolition of th…