Aldabaiba and Shakshak discuss use of international auditors to enhance transparency and accountability in public institutions
Aug 28 Sami Zaptia

Aldabaiba and Shakshak discuss use of international auditors to enhance transparency and accountability in public institutions

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, and the Audit Bureau head, Khaled Shakshak discussed strengthening the role of the Audit B...

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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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CBL Governor Issa justifies Libyan dinar devaluation - blames both governments for uncontrolled spending and absence of effective, targeted macroeconomic policies
Apr 7 Sami Zaptia

CBL Governor Issa justifies Libyan dinar devaluation - blames both governments for uncontrolled spending and absence of effective, targeted macroeconomic policies

The Governor of the Central Bank of Libya (CBL), Nji Issa, issued a statement yesterday hours before announcing a 13.3 percent devaluation of the Liby...

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NOC reveals spending details of its LD 58 billion budgets
Feb 11 Sami Zaptia

NOC reveals spending details of its LD 58 billion budgets

Libya’s state National Oil Corporation (NOC) revealed details of its LD 58 billion spending budget yesterday. It said this was part of its efforts to...

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Libya’s total revenues and spending ending 30 November result in small dinar surplus but large FX deficit: CBL
Dec 8 Sami Zaptia

Libya’s total revenues and spending ending 30 November result in small dinar surplus but large FX deficit: CBL

In its latest released statistical bulletin covering the period 01/01/2024 to 30/11/2024, the Central Bank of Libya (CBL) revealed that total state re...

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Concealed spat between Tripoli PM and Central Bank Governor goes public
Feb 29 Sami Zaptia

Concealed spat between Tripoli PM and Central Bank Governor goes public

The widely known secret of the spat between the Tripoli based Libyan prime minister, Abd Alhamid Aldabaiba, and the Central Bank of Libya Governor, Sa...

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CBL meeting on Tripoli government spending controls for 2024 – report and analysis
Jan 26 Sami Zaptia

CBL meeting on Tripoli government spending controls for 2024 – report and analysis

A meeting was held yesterday, in the office of the Governor of the Central Bank of Libya (CBL), to follow up on government spending for the year 2024....

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Brega claims it can assess demand, manage smooth fuel distribution and reduce its smuggling
Nov 7 Sami Zaptia

Brega claims it can assess demand, manage smooth fuel distribution and reduce its smuggling

On Sunday, during an expanded meeting between Tripoli based Libyan prime minister, Abd Alhamid Aldabaiba, with the Chairman of the National Oil Corpor...

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CBL Governor calls on Attorney General to stop continuous drain of inflated and mismanaged overseas state health costs
Oct 8 Sami Zaptia

CBL Governor calls on Attorney General to stop continuous drain of inflated and mismanaged overseas state health costs

The Governor of the Central Bank of Libya (CBL), Saddek El-Kaber, has called on the Attorney General, Sideeg Al-Sour, to stop the continuous drain on...

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CBL latest data shows US$ 9.9 billion deficit in foreign exchange
Oct 7 Sami Zaptia

CBL latest data shows US$ 9.9 billion deficit in foreign exchange

In its latest monthly data release of 3 October, the Central Bank of Libya said that Libya’s total revenues in the first 9 months of this year amounte...

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