Latest
Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115 Two million POS transactions in a single day across 67,000 points cause collapse of e-payment system - CBL apologises UNSMIL warns of escalation in Zawia and calls for restraint ahead of Eid al-Adha Minister of Economy and Trade affirms Ministry's orientation towards building a more disciplined and transparent business environment Labour Ministry developing specific, secure and healthy Labour Housing Project for legal expatriate workers Head of Airports Authority inaugurates first meeting tasked with testing readiness of systems and equipment at Tripoli International Airport Ministry of Tourism and Handicrafts releases its Q1 2026 Report for the Libyan Tourism Sector Libyan Express announces launch of direct flights between Tripoli’s Mitiga Airport and Malta starting 22 June Libyan Railroads meets China Civil Engineering Construction Corp. - joint committees to negotiate activating signed contracts Minister of Economy Abu Shiha approves 13 decisions related to foreign and joint ventures and commercial agencies Akakus Oil uses SLB’s Rhino Reamer technology - the first in the Middle East and North Africa – to successfully drill well M.24H-NC115
Tag Archive

Public Spending

1 / 6

Libyan government delegation visits US – discusses strengthening cooperation in investment and governance
May 3 Sami Zaptia

Libyan government delegation visits US – discusses strengthening cooperation in investment and governance

During its visit to the United States last week, a delegation from the Tripoli based Libyan government held a meeting with officials from the U.S...

Read Article
Aldabaiba and Takala discuss Unified Development Programme
Apr 3 Sami Zaptia

Aldabaiba and Takala discuss Unified Development Programme

During a meeting last Wednesday (1 April) at his Tripoli Cabinet Office, Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, discussed with th...

Read Article
There is no political will to implement subsidy reform: Former CBL Board Member and Deputy Finance Minister Ghait
Dec 8 Sami Zaptia

There is no political will to implement subsidy reform: Former CBL Board Member and Deputy Finance Minister Ghait

Speaking at today’s session on ‘‘Financial Rebalancing and Addressing the Foreign Exchange Deficit’’ at the 6th Banking Sector Development Forum held...

Read Article
Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member
Dec 7 Sami Zaptia

Lack of control of state spending and the de facto existence of two governments in Libya negatively affects the CBL’s effectiveness: CBL Board Member

During the session on the Central Bank of Libya’s (CBL) independence at the Banking Sector Development Forum that opened in Tunis today (7 to 8 Decemb...

Read Article
CBL welcomes signing of Unified Development Agreement between HoR & High State Council: important step towards strengthening financial stability and unifying development efforts
Nov 18 Sami Zaptia

CBL welcomes signing of Unified Development Agreement between HoR & High State Council: important step towards strengthening financial stability and unifying development efforts

The Central Bank of Libya (CBL) today welcomed the signing of the Unified Development Programme Agreement between the House of Representatives and the...

Read Article
Secular and religious agree on need for Libya’s gradual energy subsidy reform
Jul 27 Sami Zaptia

Secular and religious agree on need for Libya’s gradual energy subsidy reform

The secular and religious worlds have come to agreement on the need for Libya to gradually reform its fuel subsidies in the unlikely bedfellows of the...

Read Article
Aldabaiba rejects continued spending by eastern Libya government outside the legal budget
Jun 4 Sami Zaptia

Aldabaiba rejects continued spending by eastern Libya government outside the legal budget

‎Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, rejected any parallel paths of public spending outside the legal frameworks. Aldabaiba w...

Read Article
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...

Read Article
Aldabaiba defends his government’s economic and spending policy – accuses CBL, Attorney General, Hafter and Saleh of causing the problems
Apr 9 Sami Zaptia

Aldabaiba defends his government’s economic and spending policy – accuses CBL, Attorney General, Hafter and Saleh of causing the problems

During the First Ordinary Cabinet Meeting for 2025 held yesterday in Tripoli at the Victory Forest Halls Complex (Rixos Complex), Tripoli based Libyan...

Read Article
Op-Ed: Government over-spending to lead to economic and political stability or bankruptcy and a devalued dinar?
Mar 10 Sami Zaptia

Op-Ed: Government over-spending to lead to economic and political stability or bankruptcy and a devalued dinar?

Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, issued Circular No. (2) of 2025, today which included ‘‘a set of controls and procedures a...

Read Article