Tripoli Libyan government rejects new import taxes, blames dinar collapse on Hafter’s parallel spending outside approved budget
Feb 24 Sami Zaptia

Tripoli Libyan government rejects new import taxes, blames dinar collapse on Hafter’s parallel spending outside approved budget

As the black-market exchange rate of the Libyan dinar plunged to unprecedented rates over the LD 10.50 to the dollar yesterday, and the leadership of...

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HoR’s 303 billion debt cancellation is necessary as the debt's negative effects have already occurred: Husni Bey
Dec 23 Sami Zaptia

HoR’s 303 billion debt cancellation is necessary as the debt's negative effects have already occurred: Husni Bey

Yesterday’s publication by the House of Representatives of a law authorizing the settlement of Libya’s public debt up to 2025 —estimated at 303.4 bill...

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Parliament approves Libya’s LD 303 billion Treasury debts - Central Bank to settle the debts by deducting 3% of the Treasury's total revenues
Dec 23 Sami Zaptia

Parliament approves Libya’s LD 303 billion Treasury debts - Central Bank to settle the debts by deducting 3% of the Treasury's total revenues

Libya's Benghazi based House of Representatives (parliament - HoR) yesterday approved (Law No. 6/2025) the existing public debt held by the Public Tre...

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Libya is facing major internal and external economic challenges that cannot and will not be ignored: PM Aldabaiba
Apr 23 Sami Zaptia

Libya is facing major internal and external economic challenges that cannot and will not be ignored: PM Aldabaiba

‎Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, said Libya today is facing major internal and external economic challenges that we cannot...

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CBL Governor at Zliten Business Conference: Clearing system was never closed, devaluation would lead to indebtedness
Mar 11 Sami Zaptia

CBL Governor at Zliten Business Conference: Clearing system was never closed, devaluation would lead to indebtedness

Saddek El-Kaber, the Governor of the Tripoli Central Bank of Libya (CBL), said during his speech at the ''First Meeting of Libyan Businessmen and Indu...

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Libya to pay US$ 74 million debt to Tunisia’s STEG for electricity via Tunisia-Algeria connection
Jun 24 Sami Zaptia

Libya to pay US$ 74 million debt to Tunisia’s STEG for electricity via Tunisia-Algeria connection

At Thursday’s Cabinet meeting held in the Western Nefusa Mountain town of Jadu, Tripoli-based Libyan Prime Minister, Abd Alhamid Aldabaiba, agreed to...

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Oct 31 Sami Zaptia

Libya will settle 20 to 25 percent of debts for health treatment abroad in Jordan and Turkey – provided new patients continue to be accepted

By Sami Zaptia.(Logo: Libya's Ministry of Health logo).Tripoli, 31 October 2021:Libya will pay its financial dues to health institutions in Jordan and...

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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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Unifying the Central Bank is a goal that must be achieved as soon as possible: PM Aldabaiba
Jul 8 Sami Zaptia

Unifying the Central Bank is a goal that must be achieved as soon as possible: PM Aldabaiba

By Sami Zaptia.London, 8 July 2021:Unifying the Central Bank of Libya (CBL) is ‘‘a goal that must be achieved, and as soon as possible, through which...

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Aug 18 Sami Zaptia

CBL LD 15.6 bn loan to cover state budget deficit for period to 31 July

By Sami Zaptia.(Logo: Tripoli CBL).London, 18 August 2020:Libya’s Tripoli-based Central Bank of Libya (CBL) provided a LD 15.579 bn loan to the govern...

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