Khaled Shakshak, the head of Libya’s Audit Bureau, met with a delegation from the US Agency for International Development to…
Browsing: Economy
The Libyan government of Prime Minister Fathi Bashagha, appointed by the House of Representatives, signed agreements with several international companies…
Libyan authorities in Tripoli told Brazil Africa Institute (IBRAF) president João Bosco Monte they want to resume talks with Brazil and restore ties with the Latin American country, according to Brazil-Arab News Agency (ANBA).
The chairman of Libya’s National Oil Corporation, Farhat Bengdara, has stated that the corporation is working towards increasing production rates…
The fate of the economic situation between Turkey and Libya will be determined after presidential and parliamentary elections on May…
The Reconstruction and Stability Committee in the city of Benghazi has announced the start of preliminary work to construct four…
An order of 2,500 bulls which had been placed with a southern-based cattle exporter has been cancelled due to a delay in getting the purchaser’s visa approved, according to a report by Irish farming news website Agriland.
Libya and Italy have launched an agricultural project, which aims to enhance employment opportunities and better working conditions of full-time and seasonal migrant and local workers in Sabha, Murzuq, Ghat and Wadi Al-Hayaa districts of Fezzan region.
Libya’s public debt has reached high levels, which amounted to 70.4 percent of GDP in 2022, also equivalent to 126 percent of government revenue, according to the World Bank’s economic update in April.
The president of the Libyan General Electricity Company (GECOL), Mohamed al Mashai, has signed a contract for the construction of a new power plant, with a production capacity of 1,044 megawatts, in Zliten, a city in western Libya.