Apr 14 Sami Zaptia

Libya is in recession: World Bank report

By Libya Herald reporter.Tunis, 14 April 2015:The World Bank April 2015 Middle East and North Africa Economic Monitor says that ''Libya is in recessio...

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Apr 4 Sami Zaptia

CBL warns 2015 budget deficit up to LD 30 bn, recommends firm reform measures

By Libya Herald reporter.The CBL recommends firm reforms to control the deficit (Photo: CBL).Tunis, 4 April 2015:The Central Bank of Libya (CBL), base...

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Libya: increased deficit and weaker currency warns World Bank
Jan 27 Sami Zaptia

Libya: increased deficit and weaker currency warns World Bank

By Libya Herald reporter.Malta, 27 January 2015:The World Bank has warned in its January MENA Quarterly Economic Brief that the collapse in internatio...

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CBL: Need for ‘‘difficult and painful’’ austerity measures to avoid ‘‘threats to Libya’s future stability’’
Jan 16 Sami Zaptia

CBL: Need for ‘‘difficult and painful’’ austerity measures to avoid ‘‘threats to Libya’s future stability’’

By Libya Herald reporter.Malta, 16 January 2015:As first revealed by Libya Herald yesterday, the CBL has revealed its plans to introduce some deep aus...

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Jan 15 Sami Zaptia

Controversial economic austerity measures being secretly considered by CBL

By Libya Herald reporter.Deep austerity measures are being secretly discussed (Photo: Sami Zaptia).Malta, 15 January 2015:The Central Bank of Libya (C...

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Jan 14 Sami Zaptia

Libyan economy could grow by 21.9 percent, if oil exports resume

By Libya Herald reporter.The Libyan economy could boom if oil exports are resumed says a report (Photo: Sami Zaptia).Malta, 14 January 2015:An economi...

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Tripoli authorities plan austerity as income dwindles
Jan 7 Michel Cousins

Tripoli authorities plan austerity as income dwindles

By Farah Waleed. The meeting at the Continuing Congress (Photo: TV grab)Tripoli, 7 January 2015:In a bid to slash spending in the face of plummeting i...

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Cash-strapped government agrees privatising telecoms to raise funds
Dec 28 Nigel Ash

Cash-strapped government agrees privatising telecoms to raise funds

By Hadi Fornaji.Tripoli, 28 December 2014:The government, faced with a yawning budget deficit, has agreed to liberalise the telecoms sector as a way o...

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Sep 22 Newsdesk1

Libya facing $13 billion deficit

By Libya Herald staff.Tripol, 22 September 2014:According to the Audit Bureau, Libya is facing a $13-billion deficit, due mainly to corruption within...

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2014-15 growth forecasts for Libya should be interpreted cautiously - World Bank
Aug 8 Sami Zaptia

2014-15 growth forecasts for Libya should be interpreted cautiously - World Bank

By Sami Zaptia.Tripoli, 8 August 2014:In its latest report, MENA QUARTERLY ECONOMIC BRIEF (Issue 3, July 2014 ) Predictions, Perceptions and Economic...

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