Local News: Economic News
Naji Issa discusses liquidity distribution plan with commercial banks.
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Tripoli, May 21, 2025 (LANA) - The Governor of the Central Bank of Libya, Naji Issa, called on the directors of major commercial banks to unify efforts and enhance coordination to ensure the continuity of financial services provided to citizens and contribute to strengthening confidence in the banking sector.This came during a meeting held today, Wednesday, with the directors of major commercial banks, in the presence of the Deputy Governor, the Muamalat Financial Services Company, and a... Read more
The Central Bank discusses the bank's operations and the provision of liquidity to citizens.
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Tripoli, May 18, 2025 (LANA) - The Governor of the Central Bank of Libya, Naji Issa, held a meeting today, Sunday, with several department heads to discuss the bank's operations and ensure the provision of banking services to citizens in anticipation of Eid al-Adha.The meeting discussed expediting the disbursement of May salaries, once they arrive this week, and coordinating with banks and issuance departments in various regions to provide liquidity and continue electronic payment services to... Read more
Minister of Oil discusses with the Weatherford company arrangements for returning to work in Libya.
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Tripoli, 7 May 2025 (Lana): Minister of Oil and Gas Khalifa Abdul-Sadiq discussed with a delegation from the American company Weatherford yesterday the executive steps for the company's resumption of operations and its work in developing the oil and gas sector in Libya.The head of the delegation, Deputy CEO Richard Ward, confirmed that the company is already working to return to operations in Libya, noting that it has begun preparing the administrative headquarters and the field site in... Read more
Abdul-Sadig meets with ExxonMobil delegation.
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Washington, April 26, 2025 (LANA) – The Minister of Oil and Gas in the Government of National Unity, Khalifa Rajab Abdul-Sadig, met today, Saturday, with a delegation from ExxonMobil, on the sidelines of the 2025 Annual Meetings of the International Monetary Fund and the World Bank Group in Washington.The ministry stated, via its official Facebook page, that the meeting included the company's Vice President for International Government Relations for the Middle East, North Africa, and the... Read more
Ministry of Economy: Imported goods tax proposal was studied at the request of owners of national factories.
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Tripoli, April 23, 2025 (LANA) - The Ministry of Economy and Trade of the Government of National Unity stated, that what has been circulating on social media regarding the imposition of a consumption tax on imported goods is merely a proposal that was studied at the request of a number of owners of national factories, within the framework of protecting Libyan industry and local products from the phenomenon of dumping.The ministry clarified in a statement issued on Wednesday that this proposal... Read more
