Browsing: Economy

The Governor of the Central Bank of Libya (CBL), Saddek Elkaber, renewed commitment to “international initiatives and practices to enhance the integrity and transparency of public spending,” according to a statement bank.

Outgoing Prime Minister, Abdul Hamid Dbeibeh, held a meeting on Wednesday with top officials of the state economy, including Governor of the Central Bank of Libya (CBL), Saddek Elkaber, head of the Audit Bureau, Khaled Shakshak, and the Minister of Finance, Muhammad Al-Shhoubi.

Egyptian Prime Minister Mostafa Madbouly stressed Wednesday the importance of charting new trade routes to facilitate the transfer of goods between Egypt and Algeria other than the land route passing through Libya due to the current tensions there, according to a statement released by the Egyptian cabinet following Madbouly’s meeting with his Algerian counterpart.

Libya’s outgoing prime minister, Abdul Hamid Dbeibeh, suspended the board of directors of the state-owned General Electricity Company of Libya (GECOL) over the country’s electricity crisis, Dbeibeh’s government announced on Sunday.

The European Union has launched the E-NABLE project, which objective is to support major Libyan economic institutions in adopting digital economic governance tools and improving digital services provided to companies, according to a statement by the the ministry of economy affiliated with Dbeibeh’s government.