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.
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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.
Misrata, Libya – An international delegation from the International Civil Aviation Organization (ICAO) in the Middle East has conducted an…
Tripoli – Mohammed Al-Shahoubi, the Minister of Transport for the National Unity Government, held discussions with German Ambassador Michael Ohnmacht…
The National Electricity Company of Libya (GECOL) has announced that the solar power generation plant of the predicted capacity of 500 megawatts located in the As Saddadah area, west of Sirte, has been commissioned and connected to the national electricity grid.
The Minister of Justice of the Interim Government of National Unity, Halima Ibrahim Abdel-Rahman, received on Tuesday the French Ambassador…
There is an urgent need for a clear economic vision in Libya because the country is at risk of falling behind clean energy global trends due to its dependance on oil, the International Monetary Fund (IMF) said on Friday.
The Spanish ambassador to Libya, Javier García-Larrache, announced that more than 30 Spanish companies have returned to work in Libya,…
Tunis hosted both Tripoli and Benghazi’s Central Bank administrations on Friday.
Benghazi Mayor Saqr Bojwari met Wednesday with the President of the American Chamber of Commerce (AmCham) in Libya, Debbie Hurst, Vice President, Ahmed Al-Ghazali, and Chairman of Benghazi Chamber of Commerce, Industry and Agriculture, Munim Al-Saiti.