When you need to know
Pakistan has expressed its interest to invest in Libya as the African country seems to be heading towards a new era of peace following the election of a new unified Libyan government under the supervision of the United
Read more
The UN Support Mission in Libya (UNSMIL) has reiterated its commitment to continue supporting the Libyan Economic Dialogue to reinforce Libyan progress in consolidating the budget and improve the transparent management
Read more
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 mod
Read more
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