May 28 Sami Zaptia

CBL confirms decision to freeze non-essential spending until allegation of its mismanagement of public funds are investigated

By Sami Zaptia.The CBL has confirmed that it will suspend disbursement of non-essential public funds until Audit Bureau allegations into its mismanage...

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CBL announces agreement with PC on 2018 budget of LD 42.5 bn
May 9 Sami Zaptia

CBL announces agreement with PC on 2018 budget of LD 42.5 bn

By Sami Zaptia.London, 9 May 2018: In a very brief statement, the Central Bank of Libya (CBL) announced today that it has agreed with the Faiez Serraj...

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Apr 26 Sami Zaptia

PC issues decree to import essential foodstuffs worth US$ 450 million

By Sami Zaptia.London, 26 April 2018: The Faiez Serraj-led Presidency Council passed a decree (No. 505) yesterday authorizing the import of essential...

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CBL deflects blame for impending goods shortage and price rises, says will take urgent steps to resolve crisis
Apr 23 Sami Zaptia

CBL deflects blame for impending goods shortage and price rises, says will take urgent steps to resolve crisis

By Sami Zaptia.(Logo: Tripoli CBL).London, 23 April 2018: The Tripoli-based Central Bank of Libya (CBL) has deflected blame for any possible shortages...

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Apr 18 Sami Zaptia

2018 budget referred by PC to CBL and Audit Bureau last week for final approval this week

By Sami Zaptia.Mohamed Sallak, the spokesperson for the head of the PC, Faiez Serraj, said the 2018 budget had been referred to the CBL and Audit Bure...

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Mar 30 Sami Zaptia

Chinese contracts to be reviewed by new PC committee

By Sami Zaptia.Libya's projects abandoned at the 2011 Revolution are frozen in time and marked by rusting cranes and scaffolding (Archives).London, 30...

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Mar 29 Sami Zaptia

Audit Bureau calls on PC to freeze its decision to approve $ 1.5 bn worth of imports by CAD

By Sami Zaptia.London, 29 March 2018: The Tripoli-based Audit Bureau has called upon the Faiez Serraj-led Presidency Council (PC) to freeze its decisi...

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Nov 22 Sami Zaptia

ACA suspends seven Libyan diplomats in Tunis

By Sami Zaptia.London, 22 November 2017:The Tripoli-based Administrative Control Authority (ACA), the Libyan state body in charge of oversight of stat...

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Nov 22 Sami Zaptia

Audit Bureau calls on CBL to speed up the opening of stalled LCs for essential goods

By Sami Zaptia.London, 22 November 2017:The Tripoli-based Audit Bureau has called on the Tripoli-based Central Bank of Libya (CBL) to speed up the pro...

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Tripoli Audit Bureau head Shakshak blames CBL and Serraj PC for financial woes
Nov 17 Sami Zaptia

Tripoli Audit Bureau head Shakshak blames CBL and Serraj PC for financial woes

By Sami Zaptia.London, 17 November 2017:Tripoli-based Audit Bureau chief Khaled Shakshak blamed the other relevant state bodies for lacking courage in...

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