Feb 11 Sami Zaptia

Serraj government failed to decrease diplomatic posts spending, increased missions with 5 missions in one country: Audit Bureau

By Sami Zaptia.The Tripoli Audit Bureau says the Serraj government has failed to reduce spending on foreign missions and is freezing its latest appoin...

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Jul 23 Sami Zaptia

Eastern CBL Financial Stability report: Imbalance in state financial discipline (2/2)

By Sami Zaptia.The eastern Central Bank of Libya released its 2017 Stability Report (Photo: eastern CBL).London, 23 July 2020:The Financial Stability...

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Jul 9 Sami Zaptia

Libya’s state revenues continue downward spiral, CBL loan covers LD 13.4 bn deficit

By Sami Zaptia.(Logo: Tripoli CBL).London, 9 July 2020:Libya’s state revenues continued their downward spiral in light of its oil blockade since Janua...

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Mar 3 Sami Zaptia

Libya’s Tripoli government approves spending cuts

By Sami Zaptia. The Tripoli Ministry of Finance says it has gained approval for its public spending cuts (Photo: PC/GNA).London, 3 March 2020:The Mini...

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May 28 Sami Zaptia

CBL confirms decision to freeze non-essential spending until allegation of its mismanagement of public funds are investigated

By Sami Zaptia.The CBL has confirmed that it will suspend disbursement of non-essential public funds until Audit Bureau allegations into its mismanage...

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GNA forms committee to review, prioritize stalled projects within 10 days - for 11 sectors
Jan 11 Sami Zaptia

GNA forms committee to review, prioritize stalled projects within 10 days - for 11 sectors

By Sami Zaptia.London, 11 January 2017: Presidency Council (PC) vice president Abdulsalam Kajman has revealed that the Libyan Government of National A...

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Dec 21 Sami Zaptia

Latest CBL financial report shows continued cuts in spending

 By Sami Zaptia.(Photo: Sami Zaptia).London, 21 December 2015:The Central Bank of Libya (CBL) has reported that it has achieved further cuts across th...

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Aug 31 Sami Zaptia

CBL reveals state revenues and spending up to 31 July 2015, warns of need to increase oil exports

By Libya Herald reporter.Malta, 31 August 2015:The Tripoli-based Central Bank of Libya (CBL) released figures for Libya’s financial status up to the e...

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May 1 Sami Zaptia

Libyans not getting value for money from their governments: Audit Bureau

By Libya Herald reporter:Tunis, 2 May 2015:Libyans are not getting value for money from their government, the Audit Bureau has concluded in its 2014 r...

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Apr 4 Sami Zaptia

CBL warns 2015 budget deficit up to LD 30 bn, recommends firm reform measures

By Libya Herald reporter.The CBL recommends firm reforms to control the deficit (Photo: CBL).Tunis, 4 April 2015:The Central Bank of Libya (CBL), base...

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