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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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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Sep 19 Sami Zaptia

Maetig publishes details of ‘‘agreement’’ with Hafter for resumption of oil exports

By Sami Zaptia.London, 19 September 2020: Ahmed Maetig, Deputy head of Libya’s Presidency Council, which is headed by Faiez Serraj, published on an of...

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Aug 17 Sami Zaptia

Tripoli Finance Minister says Tripoli CBL is using monetary policy incorrectly

By Sami Zaptia.Libya's internationally recognized Finance Minister has blamed the Tripoli CBL for its poor monetary policy (Photo: Archive photo grab...

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Jul 25 Sami Zaptia

Eastern Libyan government to start paying state salaries electronically

By Sami Zaptia.(Logo: The eastern Libyan Government)London, 25 July 2020:In a statement to the eastern-based state Libyan News Agency, LANA, the easte...

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Jul 10 Sami Zaptia

Libya’s banking system on verge of collapse: Leading Libyan banker

By Sami Zaptia.(Logo: LBBC).London, 10 July 2020:Speaking during a Libyan British Business Council (LBBC) webinar Wednesday on Libya’s banking system,...

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Beida sends dinars to Western Mountains
Aug 21 Nigel Ash

Beida sends dinars to Western Mountains

By Libya Herald reporters.Benghazi, 21 August 2017:The Beida-based Central Bank says it has sent LD 65 million of currency to Zintan in an effort to e...

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CBL helicopters LD17 million in cash to Khoms
Jun 4 Nigel Ash

CBL helicopters LD17 million in cash to Khoms

By Libya Herald reporters.Tripoli, 4 June 2017:An urgently needed transfusion of cash was flown into Khoms today, appropriately enough by an helicopte...

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Jufra banks receive welcome cash boost
Feb 26 Nigel Ash

Jufra banks receive welcome cash boost

By Libya Herald reporters.Tripoli, 26 February 2017:Banks in Jufra were sent LD13 million in cash today, the first such delivery to the town for four...

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Jun 23 Sami Zaptia

CBL receives LD 300 million of British-printed new money

By Sami Zaptia.(Logo: Tripoli CBL).London, 23 June 2016:The Tripoli CBL announced today that it has received a consignment of LD 300 million of Britis...

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