Local News: Political News
Al-Menfi: A single budget must be established, not a unified one.
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Tripoli, April 12, 2026 (LANA) – Presidential Council Head Mohammed Al-Menfi stressed the necessity of establishing a single, unified budget, not a separate one, and ensuring transparency through financial arrangements. He called for a single entity for the Central Bank, accounting, and oversight, and a sovereign national committee to monitor oil and gas contracts, given that gas is the primary and sole resource for the Libyan people. He also emphasized the need for a single channel for all revenues to be collected by the Central Bank, eliminating the involvement... Read more
Al-Baour discusses with the Nigerien Foreign Minister the development of joint cooperation in various fields
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Tripoli, April 12, 2026 (LANA) – The Acting Minister of Foreign Affairs and International Cooperation, Taher Al-Baour, met today, Sunday, with the Minister of Foreign Affairs of the Republic of Niger, Bakary Yao Sangare, to discuss ways to strengthen bilateral relations between the two countries.The meeting addressed prospects for developing joint cooperation in various areas of mutual interest.The two sides also discussed priority issues, most notably enhancing border security and joint... Read more
An economist says Libya has an opportunity to strengthen its position as a global transit hub.
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Reporting by: Bushra Al-AqiliBenghazi, April 9, 2026 (LANA) – Economic expert Helmi Al-Qamati highlighted Libya's significant potential in the maritime transit sector and the importance of leveraging its strategic geographic location on the longest coastline in North Africa.In a statement to LANA, Al-Qamati emphasized that developing the logistics infrastructure and customs clearance procedures could reduce shipping times by up to 35% and lower logistics costs by approximately 20%,... Read more
Al-Menfi meets with a number of members of the structured dialogue
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Tripoli, April 9, 2026 (LANA) – The Head of the Presidential Council, Mohammed Al-Menfi, met today, Thursday, at the Council's headquarters, with a number of members of the structured dialogue representing the four tracks, as part of ongoing national consultations and efforts to strengthen political consensus.The Presidential Council's media office stated that the meeting addressed the latest political, economic, and security developments in the country. Discussions focused on current challenges and explored ways to advance... Read more
Naji Issa and the Minister of Finance discuss currency stability and strengthening economic policies.
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Tripoli, April 9, 2026 (LANA) – The Governor of the Central Bank of Libya, Naji Issa, met today, Thursday, with the Minister of Finance of the Government of National Unity, Rashid Abu Ghafa, to discuss ways to preserve the national currency and stabilize the exchange rate.The bank stated on its official page that the meeting aimed to reshape fiscal policy to complement the monetary policy adopted by the bank, with the goal of achieving economic stability.It explained that the meeting... Read more
