CBL to abolish tax on foreign exchange sales and tax on foreign exchange personal allowance to a rate of 6.37 dinars to the dollar
Mar 15 Sami Zaptia

CBL to abolish tax on foreign exchange sales and tax on foreign exchange personal allowance to a rate of 6.37 dinars to the dollar

The Central Bank of Libya (CBL) briefed Libyan media yesterday of its intention to implement the decision of the Speaker of the House of Representativ...

Read Article
Aldabaiba rejects and hits back at El-Kaber and Saleh’s attempts to introduce 27 percent FX tax
Mar 19 Sami Zaptia

Aldabaiba rejects and hits back at El-Kaber and Saleh’s attempts to introduce 27 percent FX tax

In a speech broadcast last night on state controlled Libyan TV, Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba said he completely rejects t...

Read Article
HoR Speaker Saleh passes ‘‘decree’’ approving CBL Governor’s 27 percent tax on official FX transactions – decree rejected as unilateral without parliament’s approval
Mar 16 Sami Zaptia

HoR Speaker Saleh passes ‘‘decree’’ approving CBL Governor’s 27 percent tax on official FX transactions – decree rejected as unilateral without parliament’s approval

Ageela Saleh, the Speaker of Libya’s parliament, the House of Representatives (HoR), has approved a request from the Saddek El-Kaber, the Governor of...

Read Article