Libya’s outgoing prime minister Abdul Hamid Dbeibeh, was hoping to negotiate the release of millions Libyan assets frozen in Malta’s banks during his visit to the European country last August. However, the request was denied by his Maltese counterpart Robert Abela, according to a report published today by Times of Malta.
Browsing: Economy
The the Governor of the Central Bank of Libya (CBL), Saddek Elkaber, discuss the bank’s efforts to “strengthen transparency in the financial sector” with U.S. Assistant Secretary Barbara Leaf during a meeting in Tunis today, according to statement by the U.S. State Department.
The economic situation in Libya could become better than the current one in the medium or short term, but there are risks deriving from the presence of two governments and fears of new tensions that increase the level of “mistrust”, the World Bank said.
The Deputy Minister of Economy and Trade for Commercial Affairs, Sohail Boushiha, met on Monday the Indonesian Ambassador to Libya, Mohammad Ma’ruf, to discuss bilateral trade relations and tapping into the Indonesian experiences on the Blue Economy, according to Economy Ministry.
The political situation and the impact of the economic recession were at the center of talks yesterday between Prime Minister-designate Fathi Bashagha and a group of businessmen in Misurata, Bashagha revealed on Monday.
Libya’s Audit Bureau has called on outgoing prime minister, Abdul Hamid Dbeibeh, to take “necessary measures” to address excessive employment in the public sector
The Ministry of Social Affairs, affiliated with the government of Abdul Hamid Dbeibeh, is preparing to disburse another installment of handouts for young people under the age of eighteen.
The outgoing Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, said on Wednesday that the Libyan economy was “liberalized in some aspects” following 2011 civil war, but he viewed that “this liberalization was not regulated.”
Libya’s electricity generation capacity has reached 5,900 megawatts, while the gap between supply and demand has narrowed, said the General Electricity Company of Libya (GECOL) on Friday.
Libya’s outgoing prime minister Abdul Hamid Dbeibeh announced on Friday several initiatives in support of the country’s youth including real-estate grants and disbursement of one billion dinars for marriage fund.