May 22 Newsdesk2

GNC announces plans to cut down on smuggling of subsidised goods, give Libyans additional 50 dinars monthly

By Libya Herald staff.Tripoli, 22 May 2015:In an effort to stem the flow of subsidised fuel and other commodities out of Libya, notably to Tunisia, th...

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Government to reduce petrol subsidies
Jul 11 Callum Paton

Government to reduce petrol subsidies

By Libya Herald staff. Tripoli, 11 July 2014: Prime Minister Abdullah Al-Thinni has said that the national fuel subsidy has had a huge negative impa...

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Details of the LD 56.95 bn 2014 Budget released
Jul 3 Sami Zaptia

Details of the LD 56.95 bn 2014 Budget released

By Sami Zaptia.Tripoli, 3 July 2014:The details of the LD 56.96 bn 2014 budget approved on 22 June were released yesterday. The budget had been approv...

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The 2014 Budget: Subsidies up – despite deficit and oil exporting crises
May 12 Sami Zaptia

The 2014 Budget: Subsidies up – despite deficit and oil exporting crises

By Sami Zaptia.                 Amman, Jordan, 12 May 2014:The 2014 Libyan budget totaling LD 58.92 bn, approved by the GNC Finance and Budget Committ...

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Dec 10 Sami Zaptia

Fuel subsidies removed over 30 months in three stages - Economy Minister Abufunas

By Sami ZaptiaTripoli, 10 December 2013:At the Tripoli Chamber of Commerce organized conference on the "Shadow Economy - Phenomenon, effects and solut...

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Oil minister says fuel subsidies to go by 2016
May 4 Nigel Ash

Oil minister says fuel subsidies to go by 2016

By Nigel Ash.Tripoli, 4 May 2013:The government is to phase out fuel subsidies within the next three years, according to oil minister Abdulbari Ali Ab...

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