The governor of the Central Bank of Libya, Al Saddiq al Kabir, met on Wednesday in Tripoli with the members of the Finance Commission of the House of Representatives to coordinate efforts aimed at controlling public spending, as well as “ensuring the achievement of financial stability and sustainability,” according to a statement by the central bank.
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The Libyan capital of Tripoli will host the Energy and Economic Summit, an energy investment event, scheduled for November 8-9.
Libya’s National Oil Corporation (NOC) and Norway’s Equinor signed on Tuesday a memorandum of understanding with the Norwegian company Equinor, which aims to “study and evaluate the oil and gas potential in the Libyan maritime region,” according to a statement by NOC.
Libya is set to increase its oil production to two million barrels a day, according to its government.
The House of Representatives’ Committee for Planning, Finance and State Budget held a meeting in Tripoli yesterday with the Financial Information Unit of the Central Bank of Libya to discuss two legislative bills on money laundering and terrorism financing.
Libya and Italy have agreed to unify their trade and commercial strategies within three months.
The governor of the Central Bank of Libya (CBL), Al Siddiq al Kabir, and the French ambassador to Tripoli, Mustafa Maharaj, discussed today efforts to unify the banking sector in the country.
New financial records reveal that Libyan legislative and executive bodies have spent over $770 million in public funds during the…
The inability of the new military authorities to govern Niger is plunging the entire Sahel region into serious economic difficulties. The consequences of this general impoverishment are worsening the already fragile security situation in southern Libya and forcing the NLA to reinforce Libyan sovereignty there.
Libya’s National Oil Corporation (NOC) on Sunday said that the country’s daily oil production is currently 1.204 million barrels.