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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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CBL published data receives strong criticism: data has systematic shortcomings and reveals procedural violations
Jan 9 Sami Zaptia

CBL published data receives strong criticism: data has systematic shortcomings and reveals procedural violations

The Central Bank of Libya (CBL) published on 4 January on its website its data on the Libyan government’s revenues and spending for 2022.The data had...

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Libyan state expenditure was LD 127.9 billion in 2022, up LD 42 billion on 2021: latest CBL stats
Jan 4 Sami Zaptia

Libyan state expenditure was LD 127.9 billion in 2022, up LD 42 billion on 2021: latest CBL stats

Libyan state expenditure in 2022 amounted to LD 127.9 billion, an increase of LD 42 billion on 2021, in which the total expenditure had amounted to LD...

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Expertise France holds workshop for Libyan Tax Authority on digitising its services
Nov 21 Sami Zaptia

Expertise France holds workshop for Libyan Tax Authority on digitising its services

The workshop, part of a series of workshops previously implemented with the Tax Authority, comes within the broader framework of the implementation of...

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Banking forum wants changes to tackle inflation and recession
Nov 8 Michel Cousins

Banking forum wants changes to tackle inflation and recession

Libya needs to make radical and rapid economic reforms if it is to have any chance of pulling itself out of the mire of stagflation, a Libyan banking...

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Aldabaiba reacts to cases of profligacy cited in the damning Audit Report by announcing restrictive spending measures
Sep 26 Sami Zaptia

Aldabaiba reacts to cases of profligacy cited in the damning Audit Report by announcing restrictive spending measures

Incumbent caretaker Prime Minister, Abd Alhamid Aldabaiba, has announced a series of spending restrictions on operating expenses on ministries and pub...

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Aldabaiba attempts to solidify his position and continues to entrench rentier state with a spree of handouts
Jul 20 Sami Zaptia

Aldabaiba attempts to solidify his position and continues to entrench rentier state with a spree of handouts

Incumbent caretaker Libyan Prime Minister Abd Alhamid Aldabaiba has continued his populist drive in an effort to buy his political future and remain i...

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Alternatives to fuel subsidies with cash payments delivered to Aldabaiba
Jun 27 Sami Zaptia

Alternatives to fuel subsidies with cash payments delivered to Aldabaiba

Mohamed Hwej, the Minister of Economy and Trade in the Aldabaiba government, has referred to the government his proposals for alternatives to replace...

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HoR Speaker Saleh calls on CBL Governor El-Kaber to restrict disbursing funds to the Aldabaiba government to salaries and subsidies
Feb 21 Sami Zaptia

HoR Speaker Saleh calls on CBL Governor El-Kaber to restrict disbursing funds to the Aldabaiba government to salaries and subsidies

The Speaker of the House of Representatives (HoR), Ageela Saleh, has instructed the Governor of the Central Bank of Libya, Saddek El-Kaber, to only di...

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Oct 13 Sami Zaptia

There are foreign designs on Libya, eastern-based Ministers welcomed back with increased competencies: Aldabaiba

By Sami Zaptia.Aldabaiba said there are foreign designs on Libya (Photo: GNU).London, 13 October 2021:There are foreign designs on LibyaSpeaking at a...

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Aldabaiba working on reopening bank clearance system with eastern Libya despite LD 45 bn debt accrued by eastern banks during political split
Oct 13 Sami Zaptia

Aldabaiba working on reopening bank clearance system with eastern Libya despite LD 45 bn debt accrued by eastern banks during political split

By Sami Zaptia.London, 13 October 2021:Speaking at a reconciliation gathering of eastern notables and tribal leaders gathered in Tripoli Monday, Prime...

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