December 2020

Al-Hibri optimistic about economic boost after modifying dinar exchange rate

December 27, 2020 - 20:52
Posted in:
Written By: AbdulkaderAssad

The Governor of the parallel Central Bank of Libya (CBL) and vice president of the board of directors of the CBL Ali Al-Hibri said the current exchange rate of Libyan dinar to foreign currencies isn't "balanced" so modifying it was very important.

Al-Hibri said in an interview on 218 TV Saturday that the Central Bank needs 18 months until it sees the exchange rate stable, saying he expects the new monetary policies will succeed by 90%.

Turkish Defense Minister vows action against Haftar and his supporters

December 27, 2020 - 19:36
Posted in:
Written By: AbdulkaderAssad

The Turkish Defense Minister Hulusi Akar said Sunday that forces loyal to Libya’s warlord Khalifa Haftar will be seen as legitimate targets if they attempt to attack Turkish troops in Libya.

These remarks came from Akar after he paid a visit to Libya’s capital, Tripoli, on Saturday and met with senior Libyan officials during which the two sides underlined their bilateral cooperation, two days after Haftar urged his forces to fight out Turkish forces from Libya.

Libya to purchase 2.8 million Covid-19 vaccine doses

December 27, 2020 - 14:23
Posted in:
Written By: SafaAlharathy
Director of the Center for Disease Control, Badr Al-Din Al-Najjar

Libya's health authorities will purchase 2.8 million doses of the coronavirus vaccine, the director of the National Centre for Disease Control (NCDC) said in statements to the Anadolu news agency on Friday.

Badr Al-Din Al-Najjar confirmed that they signed a contract with the World Health Organization (WHO) in this regard, indicating that the deal had cost the Libyan state 42 million dinars, equivalent to 9.4 million US dollars.

Libya, Turkey discuss mutual security concerns

December 26, 2020 - 22:46
Posted in:
Written By: SafaAlharathy

The Minister of Interior, Fathi Bashaga, received on Saturday, the Turkish Defence Minister, Hulusi Akar, and his accompanying delegation, at the Security Operations HQ, in Tajoura district, east of Tripoli.

The two parties held a meeting in the presence of several officials from both sides to discuss issues of common concern.