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Local News: Political News

The House of Representatives hosts a consultative meeting to discuss the economic crisis in Libya, with the participation of experts and economists

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Benghazi, November 4, 2026 (LANA) – Experts and economists, during a consultative meeting on the current economic crisis in Libya, called for unifying the general budget, controlling government spending, reviewing public expenditures, and addressing imbalances related to the management of oil resources and foreign currency. They emphasized that these measures would contribute to strengthening economic stability and improving the living conditions of citizens.These calls were made during a meeting hosted by the House of... Read more

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Abu Khuzam takes the legal oath before the Speaker of the House of Representatives.

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Benghazi, November 4, 2026 (LANA) – The new Governor of the Central Bank of Libya, Fawzi Abu Khuzam, took the legal oath today, Wednesday, in Benghazi before the Speaker of the House of Representatives, Al-Salihin Abdul-Nabi.The swearing-in ceremony was attended by Members of the House of Representatives—Abdulsalam Nassiya, Khalifa Al-Daghari, Yousef Al-Aqouri, and Ali Al-Tikbali—as well as the Deputy Chief of the House of Representatives Office, Rasmi Bal-Ruwain; the Deputy Governor of the Central Bank, Marei Al-Barassi; and... Read more

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Libya and Mauritania conclude the meetings of the technical coordination committee by signing minutes aimed at strengthening bilateral cooperation.

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Tripoli, November 4, 2026 (LANA) – The Libyan-Mauritanian Technical Coordination Committee (Committee of Experts) concluded its meetings on Tuesday evening by signing minutes covering various areas of joint cooperation. These include bilateral relations; political, economic, trade, and investment cooperation; industry, mining, and marine resources; as well as financial and banking cooperation.The conclusion of these meetings comes as part of the preparatory efforts for the third session of the Libyan-Mauritanian High Joint... Read more

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The Speaker of the House of Representatives calls for a comprehensive economic reform plan, the curbing of spending and imports, and support for national production

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Benghazi, November 4, 2026 (LANA) – The Speaker of the House of Representatives, Engineer Al-Salihin Abdul Nabi, has called for the development of a comprehensive national plan for economic and financial reform in Libya. This plan should include specific priorities, executive programs, and clear timelines to address economic imbalances and achieve financial and monetary stability. He emphasized the importance of leveraging national expertise and talent to devise practical solutions for the challenges facing the country.During... Read more

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Boulos reaffirms U.S. support for the formation of a unified executive authority in Libya

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Tripoli, November 4, 2026 (LANA) – Massad Boulos, an advisor to the U.S. President, reaffirmed the United States' support for the formation of a unified executive authority in Libya.This came during a phone call Boulos held yesterday with the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, to discuss developments regarding the unification of Libyan institutions.Boulos stated that Washington emphasizes the implementation of the agreement reached by the "4+4" working... Read more

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