The Central Bank of Libya (CBL) has published the government expenditures for 2021, which amounted to $24.5 billion (85.8 billion Libyan dinars), contradicting with the numbers published by the Government of National Unity (GNU), headed by Abdul Hamid Dbeibeh.
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Libya’s spending was 84 billion dinars ($18 billion) in 2021 and there was no fiscal deficit, the spokesperson for the transitional Government of National Unity, Mohamed Hamuda, told a news conference on Thursday.
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Deputy Chairman of the Presidential Council, Abdallah Al-Lafi, and his accompanying delegation arrived on Wednesday in the Central African Republic.
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Libya’s Economic Working Group (EWG) co-chairs emphasized the importance of a reunifying Central Bank of Libya (CBL), underscoring the necessity to maintain the unity and independence of the country’s sovereign economic and financial institutions.
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The Economic Working Group of Libya, convened a plenary meeting on 15 December to discuss the progress of reunifying the Central Bank of Libya with Governor Saddek El-Kabir and Deputy Governor Ali El-Hebri, the United Nations Mission in Libya (UNSMIL) said on Friday.
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Libyan Prime Minister Abdul Hamid Dbeibeh on Wednesday accused Belgium of seeking to seize €14 billion euros ($15 billion) in Libyan assets frozen by the United Nations since 2011, AFP reported yesterday.
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The Governor of the Central Bank of Libya (CBL), Siddiq al-Kabir, has agreed with the Deputy Governor of the Central Bank of Egypt, Jamal Najm, to set a framework for joint cooperation.
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Libya’s Foreign Minister, Najlaa Manqoush, in her capacity as Chair of the Preparatory Committee for the Libya Energy and Economic Summit 2021, met today with the organizers Energy Capital & Power Company, represented by James Chester, Senior Director, and local partner of the summit Ahmed Al-Ghazali, Deputy Director of the American-Libyan Chamber of Commerce, according to Energy Capital & Power.
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Prime Minister Abdul Hamid Dbeibeh decided on Wednesday to move the country’s Credit Guarantee Fund from its offical headquarters in Benghazi to the capital Tripoli, according to documents leaked to the press.
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Representatives of the Central Bank of Libya (CBL) and Banque de France met in Paris to discuss cooperation on micro-finance management and investment, CBL said in a statement on Sunday.
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