When you need to know
The Central Bank of Libya (CBL) has confirmed that its gold reserves are the same without any decrease since August 20, 2011, according to a statement posted on its Facebook page on Monday in response to a report by the World Go
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A report by the World Gold Council said Libya is still fourth on Arab countries in gold reserves that are worth 116.6 tons as of December 2021.
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Libya presently holds 33rd position in the world, in terms of countries possessing the most gold reserves, amounting to 116.6 tons, according to data of The World Gold Council, which is released annually in July.
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The World Gold Council estimated in its report Wednesday Libya's gold reserves at 116.6 tons, placing it fourth among the Arab countries, after Saudi Arabia, Lebanon, and Algeria.
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Official records have revealed that 50 to 55 tons of Libyan gold - worth 3 billion dollars -have been smuggled to the UAE in recent years, according to the database of foreign commerce authority of the planning ministr
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