Browsing: Economy

Libya’s incumbent Prime Minister Abdul Hamid Dbeibeh announced a series of populist spending plans on Friday as he sought to strengthen his position against a push by the parliament to replace him with the premier-designate Fathi Bashagha.

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Libya’s public debt has reached 155 billion Libyan dinars (33 billion US dollars) as of this year, revealed a member of the government’s financial reform committee.

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Mohamed al-Menfi, chairman of Libya’s Presidential Council, held a meeting on Wednesday with Saddek Elkaber, the governor of the Central Bank of Libya (CBL), for discussion on the process of unifying the banks eastern and western branches.

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