Browsing: Economy

Faisel Gergab, former CEO of the Libyan Post Telecommunications & Information Technology Company (LPTIC) was arrested yesterday in Tripoli.

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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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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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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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