WFP report on price increases seems to contradict Aldabaiba’s claim that prices are not rising
Mar 19 Sami Zaptia

WFP report on price increases seems to contradict Aldabaiba’s claim that prices are not rising

A World Food Programme (WFP) report dated 17 March (WFP Libya Market Monitoring Report February 2024) said that in February 2024, the cost of food as...

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HoR Speaker Saleh passes ‘‘decree’’ approving CBL Governor’s 27 percent tax on official FX transactions – decree rejected as unilateral without parliament’s approval
Mar 16 Sami Zaptia

HoR Speaker Saleh passes ‘‘decree’’ approving CBL Governor’s 27 percent tax on official FX transactions – decree rejected as unilateral without parliament’s approval

Ageela Saleh, the Speaker of Libya’s parliament, the House of Representatives (HoR), has approved a request from the Saddek El-Kaber, the Governor of...

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Chambers of commerce and business councils call for a protest in Tripoli next Sunday against CBL LC policy
Mar 7 Sami Zaptia

Chambers of commerce and business councils call for a protest in Tripoli next Sunday against CBL LC policy

The Chambers of Commerce, Industry, and Agriculture in the (central, western, and southern) regions, the Business Owners Council (LBC), the Libyan Cou...

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CBL workshop on “The Role of the Banking Sector in Diversifying Sources of Finance”
Mar 5 Sami Zaptia

CBL workshop on “The Role of the Banking Sector in Diversifying Sources of Finance”

The Central Bank of Libya’s (CBL) Institute of Banking and Financial Studies, in cooperation with Expertise France, organized a workshop today entitle...

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Misrata Chamber to hold protest in front of the CBL to ‘‘escalate the situation’’ regarding unfair monetary policy and policy neglect
Feb 29 Sami Zaptia

Misrata Chamber to hold protest in front of the CBL to ‘‘escalate the situation’’ regarding unfair monetary policy and policy neglect

Misrata Chamber of Commerce held a meeting today its headquarters headed by its chairman, Fathi Al-Amin Al-Turki with several Misrata city merchants a...

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Economy Minister Hwej meets committee to determine the gap between supply and demand for foreign currency and strengthen the Libyan dinar
Nov 29 Sami Zaptia

Economy Minister Hwej meets committee to determine the gap between supply and demand for foreign currency and strengthen the Libyan dinar

The Minister of Economy and Trade, Mohamed Al-Hwej, held a meeting at the Ministry’s Tripoli headquarters with members of the committee he chairs char...

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CBL monthly statistics reveal a foreign exchange deficit of US$ 10.9 billion
Nov 9 Sami Zaptia

CBL monthly statistics reveal a foreign exchange deficit of US$ 10.9 billion

The Central Bank of Libya revealed in its monthly statistical statement that Libya’s total revenues reached 96 billion dinars from the beginning of th...

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CBL agrees to support the LD black-market exchange rate
Oct 20 Sami Zaptia

CBL agrees to support the LD black-market exchange rate

The Central Bank of Libya (CBL) announced Wednesday that it had agreed, during the second meeting to complete its unification procedures, to support b...

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CBL announces that it has returned into a reunified sovereign institution
Aug 21 Sami Zaptia

CBL announces that it has returned into a reunified sovereign institution

The Central Banks of Libya in Tripoli and Benghazi have announced that they have ‘‘returned as a unified sovereign institution’’.The announcement, mad...

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LD 4.6 bn in cash delivered by Tripoli CBL to eastern banks: CBL Benghazi
Apr 22 Sami Zaptia

LD 4.6 bn in cash delivered by Tripoli CBL to eastern banks: CBL Benghazi

The Benghazi-based Central Bank of Libya (CBL) reported yesterday that the Tripoli-based CBL had delivered over LD 4.6 billion in cash to commercial b...

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