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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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World Bank's December 2025 Libya Economic Monitor report highlights improvement in Libya's fiscal management
Dec 21 Sami Zaptia

World Bank's December 2025 Libya Economic Monitor report highlights improvement in Libya's fiscal management

‎The World Bank's December 2025 Libya Economic Monitor report highlighted an improvement in Libya's fiscal management, noting that the government has...

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Tax Authority launches Unified Tax System and activation of Tax Police's role - recent high revenue collection rates commended
Dec 14 Sami Zaptia

Tax Authority launches Unified Tax System and activation of Tax Police's role - recent high revenue collection rates commended

The Libyan Tax Authority announced last Friday (12 December) the official announcement of the launch of the Unified Tax System, along with the introdu...

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Aldabaiba defends subsidies, grants, overspending, over-employment – will support housing but not corruption
Dec 12 Sami Zaptia

Aldabaiba defends subsidies, grants, overspending, over-employment – will support housing but not corruption

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba participated yesterday, in the Government Communication Forum as part of the Tripoli Media...

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There is no political will to implement subsidy reform: Former CBL Board Member and Deputy Finance Minister Ghait
Dec 8 Sami Zaptia

There is no political will to implement subsidy reform: Former CBL Board Member and Deputy Finance Minister Ghait

Speaking at today’s session on ‘‘Financial Rebalancing and Addressing the Foreign Exchange Deficit’’ at the 6th Banking Sector Development Forum held...

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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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Tripoli government delegation meets Eric Meyer, Assistant Secretary of the Treasury for the Middle East and Africa, to discuss economic and financial cooperation
Nov 23 Sami Zaptia

Tripoli government delegation meets Eric Meyer, Assistant Secretary of the Treasury for the Middle East and Africa, to discuss economic and financial cooperation

The Tripoli based Libyan government reported last Friday (21 November) its delegation currently visiting Washington DC met in DC with Eric Meyer, Assi...

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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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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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At banking conference: Aldabaiba announces five main points to rebuild the economy
Nov 4 Sami Zaptia

At banking conference: Aldabaiba announces five main points to rebuild the economy

Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba, participated today in the ''Banking Investment and its Role in Promoting Economic Developme...

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Over 3 million migrant workers in Libya do not pay taxes or fair share – this is draining hard currency and lowering standard of living of Libyans
Oct 23 Sami Zaptia

Over 3 million migrant workers in Libya do not pay taxes or fair share – this is draining hard currency and lowering standard of living of Libyans

Over three million illegal migrants working in Libya do not pay any taxes or make their fair contribution to the state. The statement was made by Ali...

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