The Central Bank of Libya has revealed that state spending reached 47 billion dinars in the first seven months of 2023, equivalent to 8.93 billion euros, based on current exchange rates.
Browsing: Economy
The Renewable Energy Authority of Libya (REAOL) has agreed a partnership with the organizers of the Libya Energy & Economic Summit that will highlight Libya’s renewables opportunities and promote better understanding of the sector for international and local investors.
The Libyan State’s general revenues from 1 January to 31 July, 2023 amounted to 62.8 billion dinars (about $13.16 billion), according to the Central Bank of Libya (CBL).
The Libyan Business Council (LBC) announced today that the Maltese Chamber of Commerce will lead a Maltese business delegation to Libya this September/October. The delegation will include the Bank of Valletta.
The Supreme Financial Committee convened its second meeting on Wednesday at the National Oil Corporation headquarters in Tripoli, chaired by…
EgyptAir is preparing to launch new flights from Cairo to Misrata International Airport in western Libya starting next September.
The Presidential Council held today the first meeting of the High Financial Oversight Committee in Sirte to determine the aspects of public spending and prepare the financial provisions.
The United Kingdom has invited Libyan leaders to find a compromise for a fair distribution of public resources, expressing appreciation for the invitation of the Presidential Council to national institutions to discuss this matter.
Siddiq Al-Kabeer, Governor of the Central Bank of Libya, held talks yesterday with German Ambassador Michael Ohnmacht over public spending oversight, including the latest decision by the Libyan Presidential Council to establish a High Financial Oversight Committee.
Libya has recovered the right to vote within the Food and Agriculture Organization (FAO) by participating in the selection of the new director general of the organization, after absence for years, announced the Libyan government on Sunday.