Local News: Economic News
Brent: We discussed with Al-Kabir economic stability, transparency, coordination of economic policies, and measures to prevent fraud, mismanagement, and money laundering.
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Tripoli, February 19, 2024 (LANA) - The Chargé d'Affairs of the US Embassy to Libya, "Jeremy Brent," described his meeting two days ago in Tunisia with the Governor of the Central Bank of Libya, "Al-Siddiq Al-Kabir," as an excellent opportunity to communicate about the next steps in the partnership between the United States government, including through USAID technical support "Brent" said in a tweet published by the US Embassy on its account on X : We discussed the challenges facing economic stability in Libya and the... Read more
ADB expects Libyan economy to grow by 7.9 percent.
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Tripoli, February 18, 2024 (LANA) - The African Development Bank expects the Libyan economy to register growth in the range of 7.9 percent, indicating that the expected growth rate for the North African region is stable at 3.9 percent in 2024.The bank also expected, in its latest report, that the Algerian economy would grow by 4.2 percent, Tunisia’s by 2.1 percent, Morocco’s by 3.5 percent, and Mauritania’s by 5.2 percent during 2024. These regional data... Read more
CBL participates in the first meeting of 2024 with the United States Agency for International Development.
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Tunisia, February 17, 2024 (LANA) - The Governor of the Central Bank of Libya, “Al-Siddiq Al-Kabir,” participated, Friday, in the first meeting of the year 2024 with the United States Agency for International Development (USAID) in the Tunisian capital, in the presence of the Deputy Governor, “Marai Al-Barassi,” and “John Cárdenas,” Director of the United States Agency for International Development (USAID).The Central Bank of Libya stated that this meeting comes to find out the latest... Read more
Al-Kabir discusses with Shakshak reviewing the Central Bank’s financial statements and facilitating audit operations.
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Tripoli, February 14, 2024 (LANA) - The head of the Libyan Audit Bureau, Khaled Shakshak, and the Governor of the Central Bank of Libya, Al-Siddiq Al-Kabir, discussed during their meeting today, Wednesday, the review of the bank’s financial statements and overcoming the difficulties facing the audit operations.In their meeting, held at the Audit Bureau headquarters, and in the presence of the concerned departments from both sides, the two sides discussed the possibility of agreeing on a plan according to which audit operations... Read more
National Oil Corporation: The total value of oil and gas sales during the month of January ($1,707,519,128.59).
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Tripoli, February 12, 2024 (LANA) - The National Oil Corporation revealed the value of revenues received from foreign sales of crude oil, gas and their derivatives for the month of January 2024. According to what the corporation published on its official page, the total value of foreign sales of crude oil, gas, condensates, petroleum products, and petrochemicals during the month of January amounted to $1,707,519,128.59. )... Read more
