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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HoR Speaker Ageela Saleh launches existential attack on the Supreme Judicial Council
Dec 30 Sami Zaptia

HoR Speaker Ageela Saleh launches existential attack on the Supreme Judicial Council

During his speech at the House of Representatives (HoR) session held in Benghazi yesterday, HoR Speaker Ageela Saleh launched what resembles an existe...

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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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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 welcomes signing of Unified Development Agreement between HoR & High State Council: important step towards strengthening financial stability and unifying development efforts
Nov 18 Sami Zaptia

CBL welcomes signing of Unified Development Agreement between HoR & High State Council: important step towards strengthening financial stability and unifying development efforts

The Central Bank of Libya (CBL) today welcomed the signing of the Unified Development Programme Agreement between the House of Representatives and the...

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Supreme Court rules on auspices of Official Gazette and on military prosecution of civilians
Nov 2 Sami Zaptia

Supreme Court rules on auspices of Official Gazette and on military prosecution of civilians

The Constitutional Chamber of Libya’s Supreme Court issued two rulings today. ‎The first ruling stipulated that the House of Representatives’ (HoR) L...

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Benghazi Court of Appeal issues two rulings stipulating that it does not have jurisdiction to hear appeals against decrees issued by Presidency Council
Oct 21 Sami Zaptia

Benghazi Court of Appeal issues two rulings stipulating that it does not have jurisdiction to hear appeals against decrees issued by Presidency Council

The Administrative Division of the Benghazi Court of Appeal issued two consecutive rulings stipulating that it does not have jurisdiction to hear appe...

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LBC discusses referral of draft Libya Industrial Development Fund law to High State Council and on to the House of Representatives
Sep 22 Sami Zaptia

LBC discusses referral of draft Libya Industrial Development Fund law to High State Council and on to the House of Representatives

The Libyan Business Council (LBC) announced today that, in continuation of its initiative to stimulate industrial development and enhance the investme...

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CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October
Aug 21 Sami Zaptia

CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October

Central Bank of Libya Governor Naji Issa said he will end Libya’ liquidity crisis by 1 October, the eastern based state Libyan news agency LANA report...

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