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Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115
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Fiscal Policy

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Oct 7 Sami Zaptia

Tripoli government systematically exhausting foreign reserves: CBL Governor El-Kaber

By Sami Zaptia.London, 7 October 2020: The Central Bank of Libya (CBL) is Libya’s ‘‘first and last line of defence’’ in the country’s current economic...

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Oct 3 Sami Zaptia

Libya’s draft 2021 budget discussions completed

By Sami Zaptia.The Tripoli Ministry of Finance says discussions of the 2021 budget are complete (Photo: PC/GNA).London, 3 October 2020: The Ministry o...

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Oct 2 Sami Zaptia

Committee formed to review financially troubled state companies meets

By Sami Zaptia.(The Tripoli-based Libyan Ministry of Economy).London, 2 October 2020: The Committee charged with reviewing financially troubled state...

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Sep 15 Sami Zaptia

LD 17.804 bn CBL loan to make up budget deficit up to 31/8/20

By Sami Zaptia.(Logo: Tripoli CBL).London, 15 September 2020:In its latest statistical bulletin on Libya’s state revenues and outgoings up to 31/8/20,...

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Sep 2 Sami Zaptia

Serraj government assigns LD 2 bn to Municipalities and empowers them to raise local revenues

By Sami Zaptia.The Faiez Serraj Tripoli government has allocated LD 2 bn to Municipalities and empowered them with local revenue-raising powers (Logo:...

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Jul 27 Sami Zaptia

Libya’s Economic Reform Salon proposes reforms for the country’s fuel subsidies

By Sami Zaptia.London, 27 July 2020:The Economic Salon, a Libyan policy reform think-tank made up of the country’s elite administrators, managers, pol...

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Jul 7 Sami Zaptia

Ministry of Finance launches e-platform for 2021 budget preparation

By Sami Zaptia.The Tripoli Ministry of Finance has launched an e-portal for preparing the 2021 budget  (Photo: PC/GNA).London, 7 July 2020:The Ministr...

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May 6 Sami Zaptia

LD 8.9 bn CBL loan to cover Libya’s budget deficit for January to April period: CBL

By Sami Zaptia.(Logo: Tripoli CBL).London, 6 May 2020:The Tripoli based Central Bank of Libya (CBL) reported Wednesday that Libya’s oil revenues for t...

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Apr 13 Sami Zaptia

Tripoli government announces further salary cuts to rationalize spending in light of oil production and export stoppage attributed to Hafter

By Sami Zaptia.(Logo: PC/GNA).London, 13 April 2020:The internationally recognized government of Libya based in Tripoli issued a decree today reducing...

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Libya’s 2020 budget approved, Crisis Committee formed
Mar 4 Sami Zaptia

Libya’s 2020 budget approved, Crisis Committee formed

By Sami Zaptia. London, 4 March 2020:Libya’s 2020 budget was approved yesterday in a meeting at the Tripoli Central Bank of Libya which included the i...

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