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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Economy Ministry hails market correction in meat, fish, vegetable & grain prices - resulting from policy adjustments and supply chain regulation
May 1 Sami Zaptia

Economy Ministry hails market correction in meat, fish, vegetable & grain prices - resulting from policy adjustments and supply chain regulation

Libya’s Tripoli based Ministry of Economy and Trade hailed last Wednesday (29 April) the significant price declines in the white and red meat mar...

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CBL loosens foreign currency controls - including permitting cash dollar deposits and transfer
Apr 29 Sami Zaptia

CBL loosens foreign currency controls - including permitting cash dollar deposits and transfer

According to a leaked letter, directed to all General Managers of banks operating in Libya, dated 28 April, the Central Bank of Libya (CBL) has i...

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CBL Governor follows up on establishing closer banking relationship with China in meeting with its Libya Ambassador
Apr 28 Sami Zaptia

CBL Governor follows up on establishing closer banking relationship with China in meeting with its Libya Ambassador

Naji Issa, Governor of the Central Bank of Libya, held a meeting yesterday at his office with Ma Xuliang, Ambassador of China to Libya, in the pr...

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CBL increases foreign currency cash limit permitted to enter Libya - up from US$ 10,000 to US$ 30,000
Apr 26 Sami Zaptia

CBL increases foreign currency cash limit permitted to enter Libya - up from US$ 10,000 to US$ 30,000

The Governor of the Central Bank of Libya, in his capacity as Chairman of the Anti-Money Laundering and Counter-Terrorism Financing Committee, ci...

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Numisma bank discusses with Central Bank of Libya continued foreign currency supply
Apr 20 Sami Zaptia

Numisma bank discusses with Central Bank of Libya continued foreign currency supply

Naji Issa, Governor of the Central Bank of Libya (CBL), and his accompanying delegation, met last Thursday (16 April) with Vivek Tyagi, Chairman and C...

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De La Rue meets Governor of Central Bank of Libya in DC to follow up on its currency printing plan
Apr 19 Sami Zaptia

De La Rue meets Governor of Central Bank of Libya in DC to follow up on its currency printing plan

On the sidelines of the Spring Meetings of the International Monetary Fund and the World Bank (13-18 April) held in Washington, D.C., Naji Issa, Gover...

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Breakthrough expected in LD-dollar FX market: Central Bank launches comprehensive cash sales plan and distributes US$ 1 billion to banks
Apr 14 Sami Zaptia

Breakthrough expected in LD-dollar FX market: Central Bank launches comprehensive cash sales plan and distributes US$ 1 billion to banks

The Central Bank of Libya (CBL) announced a comprehensive package of new measures to regulate the foreign exchange market, ahead of an expanded meetin...

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US Embassy welcomes signing of unified budget by the two split Libyan administrations
Apr 13 Sami Zaptia

US Embassy welcomes signing of unified budget by the two split Libyan administrations

Following the signing of a Unified Development Programme (Unified Budget) by the two politically split Libyan administrations of western and eastern L...

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Tripoli Prime Minister Aldabaiba welcomes the signing of the Unified Public Spending Agreement
Apr 13 Sami Zaptia

Tripoli Prime Minister Aldabaiba welcomes the signing of the Unified Public Spending Agreement

Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba welcomed last Saturday (11 April) the signing of the US-brokered Unified Public Spending Agr...

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