A symposium entitled "From Lack of Liquidity to Credit Failure" held in Misrata ‎
Jan 14 Sami Zaptia

A symposium entitled "From Lack of Liquidity to Credit Failure" held in Misrata ‎

A scientific symposium was held on 10 January at the Faculty ‎‎of Arts of the University of Misrata under the slogan "From Scarcity of Liquidity to Cr...

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Dollar breaks LD 9 mark on black-market for first time since December 2017
Jan 13 Sami Zaptia

Dollar breaks LD 9 mark on black-market for first time since December 2017

The US dollar broke the LD 9 mark on the black-market foreign exchange yesterday for the first time since December 2017. This has happened despite th...

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Workshop on strengthening institutional capacities in Libya's leasing sector
Jan 13 Sami Zaptia

Workshop on strengthening institutional capacities in Libya's leasing sector

As part of the EU4Skills project, funded by the European Union in Libya in partnership with the French Embassy in Libya, a specialized training progra...

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CBL holds meeting with new FX Bureaux to organise their imminent operation – confirmed actual activation and testing of their systems would begin this month
Jan 3 Sami Zaptia

CBL holds meeting with new FX Bureaux to organise their imminent operation – confirmed actual activation and testing of their systems would begin this month

The Central Bank of Libya (CBL) held an expanded meeting with recently approved foreign exchange bureaux and companies last Thursday (1 January), to o...

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Libya’s total public debt valued at LD 270 billion, LIA’s assets valued at US$ 72.83 billion: Audit Bureau’s 2024 Annual Report
Jan 1 Sami Zaptia

Libya’s total public debt valued at LD 270 billion, LIA’s assets valued at US$ 72.83 billion: Audit Bureau’s 2024 Annual Report

According to the Audit Bureau’s Annual Report for 2024 published yesterday, Libya’s total public debt as of the end of 2024, as shown in the Central B...

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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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HoR summons Governor of Central Bank of Libya, his Deputy, and its Board of Directors to discuss liquidity crisis and the state's financial affairs
Dec 31 Sami Zaptia

HoR summons Governor of Central Bank of Libya, his Deputy, and its Board of Directors to discuss liquidity crisis and the state's financial affairs

With the dollar exchange rate hitting LD 8.81 on the black-market in Tripoli today, Libya’s Parliament, the House of Representatives (HoR), voted by a...

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CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems
Dec 24 Sami Zaptia

CBL authorises activation of money transfers through the stalled MoneyGram and Western Union systems

The Governor of the Central Bank of Libya (CBL), Naji Issa, has authorised banks, exchange companies, and offices to begin taking the necessary steps...

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HoR’s 303 billion debt cancellation is necessary as the debt's negative effects have already occurred: Husni Bey
Dec 23 Sami Zaptia

HoR’s 303 billion debt cancellation is necessary as the debt's negative effects have already occurred: Husni Bey

Yesterday’s publication by the House of Representatives of a law authorizing the settlement of Libya’s public debt up to 2025 —estimated at 303.4 bill...

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Parliament approves Libya’s LD 303 billion Treasury debts - Central Bank to settle the debts by deducting 3% of the Treasury's total revenues
Dec 23 Sami Zaptia

Parliament approves Libya’s LD 303 billion Treasury debts - Central Bank to settle the debts by deducting 3% of the Treasury's total revenues

Libya's Benghazi based House of Representatives (parliament - HoR) yesterday approved (Law No. 6/2025) the existing public debt held by the Public Tre...

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