The Central Bank of Libya (CBL) disclosed in the economic bulletin for the first quarter of this year that the headline rate of inflation until February last, stood at -1.6%, with a decline of 0.4% compared to last yea
Read moreMinister of Economy, Ali Al-Issawi said Government of National Accord (GNA) plans to collect 30 billion dinars by the end of 2019 from the fees levied on the purchasing of hard currency, which amount to 183%.
Read moreThe World Bank said in a report published Monday on Libya, entitled "The Economic Outlook for Libya in 2019", that the decision to impose a fee on the sale of foreign currency by 183 per cent contributed to reducing sp
Read moreThe Executive Director of the Confederation of Libyan Industries, Ali Nasir demanded to provide a conducive environment for domestic industries.
Read moreWorld Bank has issued a new strategy to support Libya, concentrating on bringing services to people, recovering economy and rebuilding the country in the future.
Read moreThe African Development Bank (AfDB) said the economic indicators in Libya remain volatile due to the deteriorating security conditions in the oil fields.
Read moreLibyan Airlines Company said increasing the prices of the flight tickets came as a reaction to the Presidential Council's decision to alter the dinar-to-dollar exchange rates at the banks, from which the airliners are
Read moreThe Chairman of the Libyan Commerce and Industry Chamber Mohammed Al-Raied said the economic reforms aim to end the presence of black market, saying he expects the fees on selling dollars at the banks will drop in six
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