Tax Authority 2025 revenues achieve nearly LD 4 billion – the highest ever
Feb 25 Sami Zaptia

Tax Authority 2025 revenues achieve nearly LD 4 billion – the highest ever

The Tripoli based Libyan government reported yesterday, that in 2025, the Libyan Tax Authority achieved its highest revenue collection since its estab...

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Tax Authority launches Unified Tax System and activation of Tax Police's role - recent high revenue collection rates commended
Dec 14 Sami Zaptia

Tax Authority launches Unified Tax System and activation of Tax Police's role - recent high revenue collection rates commended

The Libyan Tax Authority announced last Friday (12 December) the official announcement of the launch of the Unified Tax System, along with the introdu...

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UN Libya financing report highlights dependence on hydrocarbons, examines innovative financing, including Islamic finance
Nov 20 Sami Zaptia

UN Libya financing report highlights dependence on hydrocarbons, examines innovative financing, including Islamic finance

The UN Libya published its Financing Landscape Analysis (FLA) 2025 yesterday, providing a comprehensive assessment of Libya’s evolving public finances...

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Audit Bureau celebrates 70th anniversary - launches with National Anti-Corruption Commission strategic partnership to tackle corruption
Sep 26 Sami Zaptia

Audit Bureau celebrates 70th anniversary - launches with National Anti-Corruption Commission strategic partnership to tackle corruption

Last Wednesday the Libyan Audit Bureau held an event in Tripoli to celebrate its 70th anniversary. The even was attended by Tripoli Prime Minister Abd...

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Tax Authority to launch anti-tax evasion drive
Sep 9 Sami Zaptia

Tax Authority to launch anti-tax evasion drive

Libya’s Tripoli based Tax Authority announced today that it is to launch an anti-tax evasion drive. It revealed that as part of its strategy to suppo...

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Aldabaiba proposes three methods of fuel subsidy reform
Apr 24 Sami Zaptia

Aldabaiba proposes three methods of fuel subsidy reform

Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, proposed three alternative methods to reforming the country’s current unsustainable fuel s...

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Audit Bureau 2023 Annual Report: 2023 state subsidies amounted to LD 68.5 billion
Dec 1 Sami Zaptia

Audit Bureau 2023 Annual Report: 2023 state subsidies amounted to LD 68.5 billion

According to a leaked copy of the (Tripoli based) Libyan Audit Bureau’s 2023 Annual Report, widely publicised by several Libyan news sites, total gove...

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Attorney General holds anti-fuel smuggling high summit
Nov 21 Sami Zaptia

Attorney General holds anti-fuel smuggling high summit

The Attorney General’s Office reported yesterday that the Attorney General, Sideeg Al-Sour, met with the head of the Audit Bureau, Khaled Shakshak, th...

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Aldabaiba meets new CBL Governor Issa – the first since the first official meeting of the new CBL board
Nov 12 Sami Zaptia

Aldabaiba meets new CBL Governor Issa – the first since the first official meeting of the new CBL board

The new Governor of the Central Bank of Libya (CBL), Naji Issa, received today the Tripoli based Libyan PM Abdel Hamid Aldabaiba, at the headquarters...

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Libya loses about US$ 12 billion annually in smuggled subsidies: Aldabaiba
Jan 18 Sami Zaptia

Libya loses about US$ 12 billion annually in smuggled subsidies: Aldabaiba

During his meeting with the (elected) Local Chiefs of Libya, Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, said Libya loses about LD 60...

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