Tripoli PM Aldabaiba closes 25 embassies, suspends overseas education scholarships and limits overseas conference participation - as part of hard currency savings drive
May 1 Sami Zaptia

Tripoli PM Aldabaiba closes 25 embassies, suspends overseas education scholarships and limits overseas conference participation - as part of hard currency savings drive

As part of his drive to protect the foreign exchange value of the Libyan dinar, Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, is reducin...

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CBL Governor Issa meets IMF Deputy Managing Director Okamura – IMF offers technical support in strengthening Libyan dinar
Apr 23 Sami Zaptia

CBL Governor Issa meets IMF Deputy Managing Director Okamura – IMF offers technical support in strengthening Libyan dinar

‎The Governor of the Central Bank of Libya, Naji Issa, and his accompanying delegation, met yesterday with Kenji Okamura, Deputy Managing Director of...

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CBL Governor Issa starts meetings at World Bank-IMF 2025 Spring Annual Meetings in Washington DC
Apr 23 Sami Zaptia

CBL Governor Issa starts meetings at World Bank-IMF 2025 Spring Annual Meetings in Washington DC

‎On the sidelines of his attendance at the 2025 Spring Annual Meetings of the IMF and the World Bank held this week in Washington, D.C., Naji Issa, Go...

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CBL sets 7 percent profit margin for official FX Bureaux
Apr 21 Sami Zaptia

CBL sets 7 percent profit margin for official FX Bureaux

The Central Bank of Libya (CBL) has issued a circular permitting licensed foreign exchange (FX) bureaux to sell foreign exchange at a profit margin of...

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PM and CBL Governor agree need for public spending, economy and dinar exchange rate reforms
Apr 17 Sami Zaptia

PM and CBL Governor agree need for public spending, economy and dinar exchange rate reforms

Tripoli based Libyan Prime Minister, Abdel Hamid Hamid Aldabaiba and the Governor of the Central Bank of Libya, Naji Issa, discussed during their meet...

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Aldabaiba calls for international stance against East's uncontrolled spending
Apr 16 Sami Zaptia

Aldabaiba calls for international stance against East's uncontrolled spending

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, met on Tuesday with the European Union Ambassador to Libya, Nicola Orlando, to discuss sev...

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Central Bank of Libya permits issuance of certificates of deposit
Apr 16 Sami Zaptia

Central Bank of Libya permits issuance of certificates of deposit

The Central Bank of Libya issued instructions yesterday to Libyan commercial banks to begin issuing certificates of deposit. It is speculated that the...

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UNSMIL urges Libyan parties to set aside blame and agree on urgent measures to stabilise Libya’s economy
Apr 10 Sami Zaptia

UNSMIL urges Libyan parties to set aside blame and agree on urgent measures to stabilise Libya’s economy

UNSMIL urged in a statement released yesterday all Libyan parties to set aside the blame game and agree on urgent measures to stabilise Libya’s econom...

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Solution to Libya’s economic crisis is not through dinar devaluation but through economic reforms: 55 HoR members
Apr 10 Sami Zaptia

Solution to Libya’s economic crisis is not through dinar devaluation but through economic reforms: 55 HoR members

Fifty-five members of the House of Representatives (HoR) issued a statement last Tuesday (8 April) on the devaluation of the dinar, stressing that the...

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Tripoli government blames eastern government for Libya’s economic woes – eastern government refutes the accusation
Apr 7 Sami Zaptia

Tripoli government blames eastern government for Libya’s economic woes – eastern government refutes the accusation

The Tripoli based Libyan government issued a statement yesterday blaming the eastern based ‘‘parallel’’ Libyan government’s unaccountable spending for...

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