When you need to know
Data released by the Central Bank of Libya on Tuesday showed that 80% of the state's public expenditures from the period January 1 to November 30 of 2020 went to the salaries and subsidy for goods and services.
Read more
The Presidential Council (PC) has approved an initial increase in the salaries of workers in the public sector by 20%.
Read more
The Economist newspaper estimated that Libya would achieve a GDP growth rate of 20.9% by next year, making it amongst the ten fastest growing countries in the world, particularly since the recovery of oil and gas produ
Read more
The board of directors of the Central Bank of Libya approved Wednesday the recommendations of the technical committee and endorsed the new exchange rate of the Libyan dinar (LYD) to US dollar (USD) to become 4.48 per 1
Read more
A spokeswoman for the United Nations (UN), Alessandra Vellucci , stated that the UN Acting Envoy to Libya, Stephanie Williams, is due to host an economic panel in Geneva, from December 14 – 15.
Read more
The Council of Libyan Businessmen signed a joint cooperation agreement with the Arab-Turkish Cooperation Association during the Arab-Turkish Economic Forum in Istanbul.
Read more
The governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabir warned Tuesday of a financial collapse due to the increased general debt of the state.
Read more
The UN Support Mission in Libya (UNSMIL) discussed on Thursday, with a group of Libyan economic experts along with representatives from the UNDP and the World Bank the progress made in the economic track, as part of th
Read more