Libya bans vegetable exports in bid to reduce prices
Feb 1 Michel Cousins

Libya bans vegetable exports in bid to reduce prices

By Jamie Prentis.Tunis, 1 February 2017:Libya has banned the export of fresh vegetables for two months in order to “maintain the stability of prices”....

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Jan 13 Sami Zaptia

CBL introduces new stringent internal and external restrictions on opening of LCs

By Sami Zaptia.The CBL has introduced new stringent restrictions on opening LCs (Logo: CBL).London, 13 January 2016:The Tripoli-based Central Bank of...

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CBL denies responsibility for import corruption
Nov 14 Sami Zaptia

CBL denies responsibility for import corruption

By Libya Herald reporter.Tunis, 14 November 2015:The head of the Central Bank of Libya’s (CBL) Media Department, Essam El-Oul, has denied the CBL’s re...

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Sep 21 Sami Zaptia

Harmonized System (HS) codes must be used for Libyan imports as of October

By Libya Herald reporter.Libyan importers must use the Harmonized System (HS) codes as of October (file photo).Malta, 21 September 2015:The Tripoli-ba...

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The 2014 Budget calls for reduction of imports of "non-essential " goods
Jul 6 Sami Zaptia

The 2014 Budget calls for reduction of imports of "non-essential " goods

By Sami Zaptia.Tripoli, 6 July 2014:Article 25 of the 2014 budget (Law no. (13) 2014) calls upon the Ministry of Economy, in coordination with other r...

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Shadow economy conference puts minister in dock
Dec 9 Sami Zaptia

Shadow economy conference puts minister in dock

By Sami Zaptia.Tripoli, 9 December 2013:The Tripoli Chamber of Commerce organized a conference on the "Shadow Economy - Phenomenon, effects and soluti...

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Jan 28 Nigel Ash

Central Bank issues new money transfer powers

 Tripoli, 28 January 2013:The Libyan Central Bank has announced that it has granted commercial banks powers to transfer money abroad to finance import...

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