AfDB offers to help fund Libya’s Libya-Africa Transit Corridors Project: LAIP
May 8 Sami Zaptia

AfDB offers to help fund Libya’s Libya-Africa Transit Corridors Project: LAIP

The Libya Africa Investment Portfolio (LAIP) reported yesterday that representatives of the African Development Bank (AfDB) expressed their stron...

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1.7 million (75%) receiving state-sector salaries through automated Your Instant Salary system compared to 2.2 million previously  
May 5 Sami Zaptia

1.7 million (75%) receiving state-sector salaries through automated Your Instant Salary system compared to 2.2 million previously  

The Central Bank of Libya (CBL) reported yesterday that, according to the latest data, the number of public sector employees registered in the Yo...

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CBL’s instant salary payment system reveals 1.585 million Libyans (72 percent) registered to receive state-sector salaries out of a total of 2.2 million
Apr 3 Sami Zaptia

CBL’s instant salary payment system reveals 1.585 million Libyans (72 percent) registered to receive state-sector salaries out of a total of 2.2 million

The Central Bank of Libya (CBL) announced yesterday that it has received the March salary disbursement authorizations from the Ministry of Finance and...

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NESDB launches technical assistance project to strengthen the capacities of the food security sector in Libya
Mar 13 Sami Zaptia

NESDB launches technical assistance project to strengthen the capacities of the food security sector in Libya

Libya’s National Council Economic and Social Development Board (NESDB) launched yesterday a technical assistance project to strengthen the capacities...

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Aldabaiba government and CBL take further actions to encourage increased e-payments use – CBL reduces new FX Bureaux commission
Mar 6 Sami Zaptia

Aldabaiba government and CBL take further actions to encourage increased e-payments use – CBL reduces new FX Bureaux commission

The Abd Alhamid Aldabaiba Tripoli-based Libyan government and the Central Bank of Libya (CBL) have taken further measures to encourage the use of e-pa...

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State’s final fiscal accounts for 2016-2020 completed and referred to ACA
Feb 25 Sami Zaptia

State’s final fiscal accounts for 2016-2020 completed and referred to ACA

The Tripoli government announced yesterday that its Ministry of Finance has referred the state's final accounts for the fiscal years 2016 to 2020 to t...

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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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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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Two former National Investment Company executives detained for misappropriation of LD 55.6 million of public funds
Nov 14 Sami Zaptia

Two former National Investment Company executives detained for misappropriation of LD 55.6 million of public funds

The Attorney General’s Office reported yesterday that the Public Prosecution ordered the detention of a former Director General of the National Invest...

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Libya’s current political division imposes challenges for implementing reforms: CBL Governor Issa
Nov 5 Sami Zaptia

Libya’s current political division imposes challenges for implementing reforms: CBL Governor Issa

Speaking yesterday at the opening of the ‘‘Banking Investment and its Role in Promoting Economic Development’’ conference, organized by the Central Ba...

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