Libyan Economy Minister Ali Al-Essawi said Wednesday mining in Libya may eventually become a more significant economic activity than oil production as the country seeks to reduce its economic dependency on oil.
Read moreThe export subsidy advisor at the Ministry of Economy, Khaled Moussa, has said that Chinese imports to Libya will be reduced on the backgrounds of the coronavirus outbreak.
Read moreThe Libyan Ministry of Finance has devised a plan to cut state expenditure in development, subsidies, and steering budgets in the 2020 budget in line with the ongoing financial crisis in the country.
Read moreAdministrator of the United States Agency for International Development, Mark Green, and the American Ambassador to Libya, Richard Norland, have together conducted discussions on USAID assisted programs in Libya with a
Read moreThe Ministry of Finance of the Government of National Accord (GNA) said it sent the state employees' salaries to the Central Bank of Libya (CBL) on January 23.
Read moreThe African Development Bank has said that the Libyan economy is vulnerable to future shocks, due to faltering economic diversification plans, with the government totally relying on energy exports in its budgeting process, noting that oi
Read moreLibya's budget for 2020 is estimated at just under 48 billion Libyan dinars, about 34 billion dollars, the Ministry of Economy and Industry has disclosed.
Read moreThe Minister of Economy, Ali Al-Issawi said that economic relations with all countries will be reassessed, especially those who have supported the aggression of Haftar on Tripoli.
Read more