Saddek Omar El Kaber, the governor of the Central Bank of Libya (CBL), held a telephone conversation on Wednesday with British Ambassador Carolin Hurndall to discuss “issues of common interest,” according to a short statement by the bank.
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Browsing: Economy
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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Founders, board directors and CEOs of Libyan inspection companies are no longer allowed to own more than 49% of the share capital of those companies, announced the Ministry of Economy.
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Libya’s Attorney General, Al-Siddiq Al-Sour, is in Belgium where he met on Tuesday with a number of state officials to discuss the Libyan assets frozen in Brussels.
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Siddiq al-Kabir, Governor of the Central Bank of Libya (CBL) hosted in his office on Sunday a rare meeting of the country’s top officials including Prime Minister Abdul Hamid Dbeibeh, Chairman of Presidential Council Mohamed al-Menfi, Chairman of High Council of State Khaled Al-Mishri, and Deputy Speaker of the House of Representatives Fawzi Al-Nuwairi.
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Libyan Prime Minister Abdul Hamid Dbeibeh held a meeting on Saturday with Finance Minister Khaled Al-Mabrouk to discuss a number of economic policies.
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The Deputy Governor of the Central Bank of Libya, Ali Al-Hibri, stated that 50% of the cash reserve has been spent since 2011 due to wars, political conflicts and the government deficit in the general budget.
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The Social Security Fund has criticized an amended law issued by the House of Representatives, which it says “threatens the fate of the Fund and will drag it into bankruptcy.”
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The President of the Presidential Council (PC), Mohammed al-Menfi, discussed Sunday with the Governor of the Central Bank of Libya (CBL), al-Siddiq al-Kabir, the latest developments of the unification of the monetary authority in Libya.
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