Central Bank Injects $500 Million into Banks, Prepares to Release $1 Billion in Cash
| News
The Central Bank of Libya announced, in an exclusive statement to our source, that nearly $500 million has been delivered to commercial banks so far, with distribution operations set to continue thr…
Public Prosecution Approves Re-export of 1,000 Insulin Pumps Due to Technical Defects
| News
Our source has obtained a copy of a letter issued by the Public Prosecution, addressed to the Head of the National Diabetes Authority and the Chairman of the Medical Supply Organization’s Management…
Central Bank: Exchange Rate Expected to Stabilize Below 7 Dinars
| News
The Central Bank of Libya announced, exclusively to our source, an improvement in oil revenues and royalties collected during April. After deducting fuel expenses, revenues reached approximately $2…
Supreme Court Confirms the Audit Bureau’s Exclusive Authority Over All Types of Financial Oversight on Contracts
| News
The Legal Affairs Office of the Audit Bureau exclusively revealed to our source that the Supreme Court, through its Constitutional Chamber, issued a ruling today, Tuesday, in the case filed by the A…
Central Bank Begins Distributing Foreign Currency (Cash Dollars) to Commercial Banks
| News
The Central Bank has exclusively revealed to our source that it has started delivering foreign currency allocations (cash dollars) to commercial banks.
The Central Bank confirmed that banks have…
Central Bank Allows Commercial Banks to Accept Foreign Currency Deposits and Expands Their Use Domestically and Internationally
| News
Our source has obtained a copy of a directive issued by the Central Bank to commercial banks regarding the authorization to accept cash deposits and incoming external transfers in foreign currency…

















