EU launches Invest4Libya project to strengthen public finance and drive digital and green investment in Libya
Feb 9 Sami Zaptia

EU launches Invest4Libya project to strengthen public finance and drive digital and green investment in Libya

Libya’s Tripoli based Ministry of Finance, the Delegation of the European Union to Libya, the Embassy of France in Libya, and Expertise France officia...

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Central Bank of Libya’s reserves increased by US$ 3 billion in 2024: Audit Bureau 2024 report
Jan 1 Sami Zaptia

Central Bank of Libya’s reserves increased by US$ 3 billion in 2024: Audit Bureau 2024 report

According to the Audit Bureau’s Annual Report for 2024 published yesterday, the Central Bank of Libya’s reserves reached 409 billion dinars, equivalen...

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Audit Bureau Annual Report 2024 published – reveals decline in oil revenues for the year
Jan 1 Sami Zaptia

Audit Bureau Annual Report 2024 published – reveals decline in oil revenues for the year

The Audit Bureau's Annual Report for 2024, issued yesterday, revealed a decline in total oil revenues recorded in the books during 2024 by approximate...

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Aldabaiba and Shakshak discuss use of international auditors to enhance transparency and accountability in public institutions
Aug 28 Sami Zaptia

Aldabaiba and Shakshak discuss use of international auditors to enhance transparency and accountability in public institutions

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, and the Audit Bureau head, Khaled Shakshak discussed strengthening the role of the Audit B...

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CBL grants licenses to 52 new FX bureaux – bringing total to 187
Jul 29 Sami Zaptia

CBL grants licenses to 52 new FX bureaux – bringing total to 187

‎In accordance with the Central Bank of Libya's plan to activate the role of Foreign Exchange Bureaux and FX companies, and in follow-up to the previo...

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Libya is facing major internal and external economic challenges that cannot and will not be ignored: PM Aldabaiba
Apr 23 Sami Zaptia

Libya is facing major internal and external economic challenges that cannot and will not be ignored: PM Aldabaiba

‎Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, said Libya today is facing major internal and external economic challenges that we cannot...

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Economy Minister Hwej says Libya’s corruption is exaggerated by the media and those who talk about it are conducting a war against the nation
Mar 10 Sami Zaptia

Economy Minister Hwej says Libya’s corruption is exaggerated by the media and those who talk about it are conducting a war against the nation

During the so-called Disclosure Session held by every ministry of the Tripoli based Libyan government, the Minister of Economy and Trade, Mohammed Al-...

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Tripoli government seeking to rationalise public spending on official events
Mar 10 Sami Zaptia

Tripoli government seeking to rationalise public spending on official events

‎Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, issued Circular No. (2) of 2025, today which includes a set of controls and procedures ai...

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Audit Bureau saves Libya more than LD 583 million in overpriced contracts in 2023
Feb 20 Sami Zaptia

Audit Bureau saves Libya more than LD 583 million in overpriced contracts in 2023

Libya's state watchdog, the Audit Bureau, highlighted the fact last Sunday (16 February) that it had saved Libya LD 583 million in overpriced domestic...

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Attorney General heads top meeting on fuel barter and fuel smuggling
Jan 22 Sami Zaptia

Attorney General heads top meeting on fuel barter and fuel smuggling

The Attorney General held a meeting yesterday with the head of the Audit Bureau, Khaled Shakshak, the Governor of the Central Bank of Libya (CBL), Naj...

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