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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Grand Mufti raises objections to CBL’s supposedly Islamic – Sharia compliant certificates of deposit
Oct 12 Sami Zaptia

Grand Mufti raises objections to CBL’s supposedly Islamic – Sharia compliant certificates of deposit

Libya's Grand Mufti, Sheikh Al-Sadeg Al-Ghiriani said that the ‘‘Absolute Speculative’’ (referred to as Mudaraba in Islamic - Sharia) certificates of...

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Aldabaiba and Menfi stress use of polling feedback to establish consensus basis for constitutional process: report and analysis
Jun 26 Sami Zaptia

Aldabaiba and Menfi stress use of polling feedback to establish consensus basis for constitutional process: report and analysis

The President of the Presidential Council, Mohamed Al-Menfi, and the Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, held what the Tripoli...

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Aldabaiba defends his government’s economic and spending policy – accuses CBL, Attorney General, Hafter and Saleh of causing the problems
Apr 9 Sami Zaptia

Aldabaiba defends his government’s economic and spending policy – accuses CBL, Attorney General, Hafter and Saleh of causing the problems

During the First Ordinary Cabinet Meeting for 2025 held yesterday in Tripoli at the Victory Forest Halls Complex (Rixos Complex), Tripoli based Libyan...

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Aldabaiba calls on CBL to ensure full transparency in financial statements related to foreign exchange
Mar 13 Sami Zaptia

Aldabaiba calls on CBL to ensure full transparency in financial statements related to foreign exchange

‎In a widely leaked official letter to the Governor of the Central Bank of Libya (CBL), Naji Issa, the Tripoli based Libyan Prime Minister, Abel Hamid...

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CBL issues 71 new FX bureaux licenses
Feb 27 Sami Zaptia

CBL issues 71 new FX bureaux licenses

‎The Central Bank of Libya (CBL) announced today that it has granted 71 new foreign exchange (FX) bureaux licenses for companies and exchange offices,...

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UNSMIL calls for work to start on a unified Libyan budget - without delay
Feb 5 Sami Zaptia

UNSMIL calls for work to start on a unified Libyan budget - without delay

UNSMIL has today called on all the conflicting Libyan parties to start work immediately on agreeing on a unified state budget.The UNSMIL statement rea...

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CBL-IMF preparatory Article IV Consultations ended in Tunis
Dec 8 Sami Zaptia

CBL-IMF preparatory Article IV Consultations ended in Tunis

The Central Bank of Libya (CBL) reported last Friday (6 December) that the preparatory meetings being held in Tunis last week for the ‘‘2025 ‘Article...

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AG orders NOC to stop paying Libyan state’s debts abroad directly – payments need to pass via Finance Ministry and Audit Bureau
Mar 26 Sami Zaptia

AG orders NOC to stop paying Libyan state’s debts abroad directly – payments need to pass via Finance Ministry and Audit Bureau

In a widely leaked letter on Libyan media news sites yesterday, the Attorney General (AG), Sideeg Al-Sour, instructed Farhat Bengdara, the chairman of...

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CBL data for 2022 represents the current account of the government at the CBL, nothing else: Leading businessman Husni Bey
Jan 9 Sami Zaptia

CBL data for 2022 represents the current account of the government at the CBL, nothing else: Leading businessman Husni Bey

Leading Libyan businessman Husni Bey said the data for 2022 issued by the Central Bank of Libya (CBL) on 4 January represents the cash flows of the go...

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