Close Menu
Libya Update NewsLibya Update News
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Facebook X (Twitter) RSS
Trending
  • The National Development Agency and Business France Launch Libyan-French Business Forum in Paris
  • GNU Minister of Civil Service Signs Cooperation Agreement to Enhance Administrative Development and Technological Transformation
  • France confirms its support for the Sharm El Sheikh agreements and calls for the transition to the second phase in Gaza
  • Saudi Arabia approves fines up to 100,000 riyals and deportation of violators of Hajj regulations without a permit
  • Saddam Haftar and Stephanie Koury Discuss Political and Economic Developments in Benghazi
  • Distribution of educational desks and whiteboards to fourteen educational institutions in Al-Jufra
  • Speaker of the House of Representatives Participates in the Opening of the 152nd IPU Assembly in Istanbul
  • Misrata Criminal Court sentences to death the perpetrator of a premeditated murder incident in 2020
  • About Us
  • Contact Us
Facebook X (Twitter) RSS
Libya Update NewsLibya Update News
Subscribe
Friday, 17 April 2026
  • Home
  • National
  • Region & World
    • The Maghreb
    • Middle East
  • Business
    • Oil & Gas
    • Economy
    • Analysis
  • Opinion
  • Editors’ Picks
  • Health & Lifestyle
  • Sports
Libya Update NewsLibya Update News
Home » A New Economic Chapter for Libya? Hammad, Saleh, and Central Bank Governor Meet in Benghazi

A New Economic Chapter for Libya? Hammad, Saleh, and Central Bank Governor Meet in Benghazi

Wednesday, August 20, 2025 National 2 Mins Read
A New Economic Chapter for Libya? Hammad, Saleh, and Central Bank Governor Meet in Benghazi

Benghazi – Prime Minister Osama Hammad and Speaker of the House of Representatives, Aguila Saleh, held an extensive meeting on Wednesday with the Governor of the Central Bank of Libya, Naji Issa, and his deputy, Mari Al-Barasi. The meeting, also attended by the Director of the Libyan Development and Reconstruction Fund, Belqasim Haftar, focused on a number of priority financial and economic files aimed at addressing the nation’s economic challenges.

The discussions centered on the implementation of key reforms proposed by the government. These included measures to improve the National Oil Corporation’s production, establish a transparent mechanism for providing fuel, particularly for power plants, and support small and medium-sized enterprises. The Central Bank Governor reviewed the bank’s efforts to stabilize the exchange rate and manage foreign currency sales. He also provided details on a new digital salary system, explaining its operational structure and technical precision designed to ensure timely and transparent salary distribution.

The meeting concluded with several agreements aimed at bolstering economic stability. Officials agreed to commence support for the maintenance projects of electric power stations to ensure the continuity of essential services. Furthermore, they consented to activate a precise system for tracking bank credits to combat the smuggling of essential goods and preserve foreign currency reserves. The parties also affirmed their commitment to maintaining the stability of the Libyan Dinar’s exchange rate as part of a broader effort to overcome economic challenges and achieve stability in the country.

Follow on Google News Follow on Facebook Follow on X (Twitter)
Share. Facebook Twitter Pinterest LinkedIn Email Reddit Telegram WhatsApp Copy Link
Previous ArticleReport: Lack of funding hinders mine clearance in Libya despite efforts by international organizations
Next Article Khoury Discusses Dual-Track Approach with Dialogue and Reconciliation Team to End Libyan Crisis

Keep Reading

GNU Minister of Civil Service Signs Cooperation Agreement to Enhance Administrative Development and Technological Transformation

Saddam Haftar and Stephanie Koury Discuss Political and Economic Developments in Benghazi

Distribution of educational desks and whiteboards to fourteen educational institutions in Al-Jufra

Speaker of the House of Representatives Participates in the Opening of the 152nd IPU Assembly in Istanbul

Misrata Criminal Court sentences to death the perpetrator of a premeditated murder incident in 2020

The Libyan Investment Authority Welcomes UN Security Council Resolution 2819 Regarding the Management of Its Assets

Follow us on Twitter

The Libya Update Follow

Stay ahead of the curve with The #Libya Update - your go-to source for news and insights on Libyan politics, business, culture, and more. #LibyaNews

TheLibyaUpdate
thelibyaupdate The Libya Update @thelibyaupdate ·
15h

France confirms its support for the Sharm El Sheikh agreements and calls for the ...transition to the second phase in Gaza

https://libyaupdate.com/france-confirms-its-support-for-the-sharm-el-sheikh-agreements-and-calls-for-the-transition-to-the-second-phase-in-gaza/

The #Libya Update

Reply on Twitter 2044999796478394711 Retweet on Twitter 2044999796478394711 Like on Twitter 2044999796478394711 Twitter 2044999796478394711
thelibyaupdate The Libya Update @thelibyaupdate ·
16h

Saudi Arabia approves fines up to 100,000 riyals and deportation of violators of Hajj ...regulations without a permit

https://libyaupdate.com/saudi-arabia-approves-fines-up-to-100000-riyals-and-deportation-of-violators-of-hajj-regulations-without-a-permit/

The #Libya Update

Reply on Twitter 2044979843142476017 Retweet on Twitter 2044979843142476017 Like on Twitter 2044979843142476017 1 Twitter 2044979843142476017
thelibyaupdate The Libya Update @thelibyaupdate ·
16h

Dr. Mahmud Elforjani: At a special invitation from the French Presidency, we participated... as the National Development Agency in the Libyan-French Business Forum in #Paris to open greater horizons for investment, enter the promising Libyan market, and introduce investment

Reply on Twitter 2044978927853019440 Retweet on Twitter 2044978927853019440 Like on Twitter 2044978927853019440 Twitter 2044978927853019440
libya update
Facebook X (Twitter) RSS

News

  • National News
  • The Maghreb News
  • Middle East News
  • Business News
  • Sports News

Company

  • Information
  • Ethics Policy
  • Corrections Policy
  • Fact-Checking Policy
  • GDPR Policy

Categories

  • Editors’ Picks
  • Opinion
  • Health & Lifestyle
  • Videos
  • Infographics

Subscribe to Updates

    © 2026 All copyrights reserved. The Libya Update.
    • About Us
    • Privacy Policy
    • Advertising

    Type above and press Enter to search. Press Esc to cancel.