Our source has exclusively obtained the decision by the Speaker of the House of Representatives to impose a 15% fee on the official foreign exchange rate for all purposes. The exchange rate will include this fee, considering exemptions granted by the Speaker’s decisions, with the possibility of reduction based on Libya’s revenue conditions upon the recommendation of the Governor of the Central Bank of Libya and his deputy.
Additionally, revenue from this tax will be allocated to cover public project expenses, as outlined in the development resources managed by the Central Bank of Libya, in accordance with the House of Representatives Law No. 30 of 2023, for repaying public debt when necessary.
