There is no political will to implement subsidy reform: Former CBL Board Member and Deputy Finance Minister Ghait
Dec 8 Sami Zaptia

There is no political will to implement subsidy reform: Former CBL Board Member and Deputy Finance Minister Ghait

Speaking at today’s session on ‘‘Financial Rebalancing and Addressing the Foreign Exchange Deficit’’ at the 6th Banking Sector Development Forum held...

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Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member
Dec 7 Sami Zaptia

Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member

During the session on the Central Bank of Libya’s (CBL) independence at the Banking Sector Development Forum that opened in Tunis today (7 to 8 Decemb...

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CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December
Dec 7 Sami Zaptia

CBL Governor Issa announces three strategic initiatives to build a stronger banking sector at 6th Banking Sector Development Forum in Tunis 7 to 9 December

The Governor of the Central Bank of Libya (CBL), Naji Issa, announced three strategic initiatives to build a stronger and more effective Libyan bankin...

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CBL instructs banks, fuel distribution companies and the bakeries’ union to increase the use of e-payments
Dec 7 Sami Zaptia

CBL instructs banks, fuel distribution companies and the bakeries’ union to increase the use of e-payments

In several Central Bank of Libya (CBL) circulars dated 3 and 4 December directed to banks, fuel distribution companies, the bakeries' union, the CBL h...

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Latest CBL stats to November 2025 show significant growth in Libya's electronic banking sector
Dec 6 Sami Zaptia

Latest CBL stats to November 2025 show significant growth in Libya's electronic banking sector

According to latest monthly data published last Thursday (4 November) by the Central Bank of Libya (CBL) covering the period from 1 January to 30 Nove...

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CBL November budget stats show a 7.9-billion-dinar surplus and a burgeoning US$ 7.8 billion deficit
Dec 6 Sami Zaptia

CBL November budget stats show a 7.9-billion-dinar surplus and a burgeoning US$ 7.8 billion deficit

The Central Bank of Libya announces last Thursday (4 November) that revenues from the beginning of the year until the end of November 2025 reached 115...

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The 6th Banking Sector Development Forum will be held in Tunis from 7 to 8 December
Dec 4 Sami Zaptia

The 6th Banking Sector Development Forum will be held in Tunis from 7 to 8 December

The 6th Banking Sector Development Forum will be held in Tunis from 7 to 8 December. Organisers say speakers will include the Governor of the Central...

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Three million illegal immigrants in Libya, 75 % of whom are families, constitute ''settlement'' which Libyans reject - illegally transfer US$ 7 billion annually: Interior Minister Trabelsi
Dec 4 Sami Zaptia

Three million illegal immigrants in Libya, 75 % of whom are families, constitute ''settlement'' which Libyans reject - illegally transfer US$ 7 billion annually: Interior Minister Trabelsi

At a conference reviewing the results of the "National Programme for the Deportation of Illegal Immigrants’’ last Tuesday (2 December), Interior Minis...

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"PM Aldabaiba, oversight bodies, Audit Bureau, and Attorney General bear direct legal responsibility for corruption currently plaguing National Oil Corporation’’
Dec 2 Sami Zaptia

"PM Aldabaiba, oversight bodies, Audit Bureau, and Attorney General bear direct legal responsibility for corruption currently plaguing National Oil Corporation’’

Libya’s western based Grand Mufti, Sheikh Sadig al-Ghariani, stated: "Prime Minister Aldabaiba, the oversight bodies, the Audit Bureau, and the Attorn...

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Benghazi Security Directorate warns against charging any commission on e-payments
Nov 29 Sami Zaptia

Benghazi Security Directorate warns against charging any commission on e-payments

Benghazi Security Directorate issued a warning last Thursday (27 November) that the committee formed by Benghazi based Libyan Prime Minister's Decree...

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