Local News: Economic News
The Governor of the Central Bank of Libya discusses with the Ambassador of the European Union to Libya the latest developments in the unification of the Central Bank of Libya.
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Tripoli, January 8, 2024 (LANA) - The Governor of the Central Bank of Libya, “Al-Siddiq Al-Kabir,” discussed with the European Union Ambassador to Libya, “Nicola Orlando,” the latest developments in the unification of the Central Bank of Libya, in the presence of the economic advisor at the embassy, “Lillian Anjou.”The bank's media office stated that the meeting took place yesterday, Sunday, in its office and discussed the role of international institutions in helping to reconstruct the city of Derna and its surrounding areas,... Read more
Libyan Tax Authority achieves unprecedented revenues exceeding three billion dinars.
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Tripoli, January 06, 2024 (LANA) - The Tax Authority of the Ministry of Finance of the Government of National Unity achieved during the year 2023 the highest percentage of revenues that the authority had achieved since its establishment.The disclosure and transparency report on total revenues prepared by the authority for the period from January 1 to December 31, 2023 showed that the total increase in the value of revenues reached 37 percent over the year 2022, with a value exceeding three... Read more
The Minister of Economy and Trade is following up on the activation of the stock market.
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Tripoli, January 2, 2023 (LANA) - The Minister of Economy and Trade of the National Unity Government, Muhammad Al-Hawaij, visited the stock market on Tuesday, during which he met with the Chairman of the Board of Directors of the Libyan Stock Market, Bashir Ashour.During his tour, the Minister was briefed on the work of departments and offices and the progress of electronic trading operations for the stock market after its activation.Al-Hawaij stressed the importance of activating the... Read more
Libya Africa Portfolio welcomes the reopening of the stock market.
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Tripoli, December 28, 2023 (LANA) - The Africa Investment Portfolio welcomed the reopening of the Libyan stock market, considering it a historic event that reflects the development of the Libyan economy and its movement forward. The Africa Investment Portfolio explained through its Facebook account that opening the stock market is an important step in promoting investment and promoting economic growth in Libya, noting that the market is an important means of supporting and enhancing investment and developing wealth... Read more
Addressing the fuel subsidy clause will only succeed in a stable state.
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Tripoli, December 27, 2023 (LANA) - A workshop on the study (Lifting fuel subsidies: positives and negatives) organized by the Libyan Center for Strategic Studies and National Security this Wednesday morning at its headquarters in Tripoli discussed the concept of fuel subsidies, international experiences, the reality of fuel subsidies in Libya, and an analysis of the data of this study. .The committee in charge of the study made a visual presentation, including an electronic questionnaire, to measure public opinion regarding... Read more
