Local News: Economic News
Industry and Minerals Minister stresses the necessity of Arab integration in the field of industry.
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Rabat, November 03, 2023 (LANA) - The Minister of Industry and Minerals in the National Unity Government, Ahmed Abu Hissa, stressed the necessity of Arab integration in the field of industry within the framework of the Arab strategy for industrial integration.During a speech he delivered before the organization's officials at its headquarters in Rabat on Friday, the minister praised the importance of the role played by the organization, which aims to strengthen relations of... Read more
The LCB and the European Development Bank discussing ways to cooperate in reconstruction.
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Marrakesh, October 14, 2023 (LANA) - The Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, met on Saturday, in Marrakesh, Morocco, with the executive Director of the Southern and Eastern Mediterranean Region at the European Bank for Reconstruction and Development. The meeting, which was held on the sidelines of the annual meetings of the International Monetary Fund, reviewed aspects of cooperation between the Central Bank of Libya and the European Bank regarding the... Read more
Minister of Finance meets with the finance ministers of three countries to settle their debts to Libya.
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Washington, October 13, 2023 (LANA) - Today, Friday, the Minister of Finance of the Government of National Unity, Khaled Al-Mabrouk, held bilateral meetings with the finance ministers of the countries of Slovenia, Gambia, and Bosnia, on the sidelines of the annual meetings of the Bank Group and the International Monetary Fund.The Ministry of Finance stated that during these meetings aspects of joint cooperation with those countries were discussed, and issues related to the settlement of... Read more
The Central Bank discusses with the International Monetary Fund the controls and mechanisms of monetary policy.
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Tripoli, October 13, 2023 (LANA) - Deputy Governor of the Central Bank of Libya, Marai Muftah Raheel, and his team discussed with the Deputy Director General of the Monetary Policy and Financial Markets Department at the International Monetary Fund (May Khamis), measures to stabilize the balance of payments, and monetary policy controls and mechanisms.The meeting, which was held in the Moroccan city of Marrakesh, discussed the latest practices in managing foreign reserves and the capacity building program, according to what... Read more
Al-Kabeer discusses with the US Federal Bank plans to increase the financial returns on the bank’s financial reserves.
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Tripoli, October 13, 2023 (LANA) - The Governor of the Central Bank of Libya, “Al-Siddiq Omar Al-Kabir” and his team, discussed with the Director of Central Banks and International Account Services at the US Federal Bank (Anne Baum) and her team, the business continuity plans, and the progress made by the Central Bank of Libya in meeting the requirements of... Compliance. The meeting, which was held yesterday, Thursday, in the Moroccan city of Marrakesh, touched on the capacity building program that will be held in Abu... Read more
