U.S. Ambassador and Special Envoy to Libya, Richard Norland, said he met with the Governor of the Central Bank of Libya (CBL), where he welcomed efforts to reunify CBL and signing contract with Deloitte, the organization which will provide technical support to CBL according to the agreement.
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Libyan Wings Airlines, owned by Islamist Abdel Hakim Belhaj, will announce the suspension of all its flights in the next few weeks, sources from the Civil Aviation Authority told Libya Update.
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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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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 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 Audit Bureau in Tripoli said it froze the accounts of fee income on foreign exchange sales.
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Press sources revealed that Turkey activated the banking memorandum of understanding signed between the Central Bank of the Republic of Turkey (TCMP) and the Central Bank of Libya (CBL) last August.
The Libyan Audit Bureau 2020 report said the Operations Department of the Tripoli-based Central Bank of Libya (CBL) retained during 2020 permissions to pay salaries, did not implement them, and did not take into account the hierarchy in their disbursement.
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Prime Minister of the Libyan Government of National Unity (GNU), Abdel Hamid Dbeibeh, discussed on Monday with a delegation from the World Bank an assessment of cooperation between Libyan institutions and the World Bank.
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Governor of the Central Bank of Libya (CBL), Siddiq al-Kabir, met Sunday with work team formed by CBL’s departments to implement plan to unify the Bank, in Benghazi and Tripoli, according to the results of the International Financial Audit Review of the Bank, said CBL statement.
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