Lana News
Libyan News Agency
Latest News
LANA Dabaiba congratulates Joseph Aoun on assuming the presidency of the Lebanese Republic
LANA The President of the Audit Bureau discusses with the Minister of Finance the procedures for implementing the budget for the year 2025
LANA Dabaiba stresses during his reception of the Qatari ambassador the importance of strengthening the strategic partnership with Qatar
LANA The UN mission organizes a session via Facebook on the role of youth in the political process that it recently announced
LANA Brigade (444 - Combat): Desert detachments seize a number of smugglers during two military operations
LANA The Presidential Council stresses the necessity of adhering to the Libyan Political Agreement as a legitimate basis for regulating the work of political institutions and their competencies
LANA Central Bank confirms continuation of work on foreign currency reservation platform
LANA The Ministry of Interior celebrates the graduation of two batches of officers and non-commissioned officers in the presence of Al-Lafi, Dabaiba and Al-Tarabelsi
LANA Former Libyan Foreign Bank official and his deputy imprisoned for causing damage to public funds
LANA British Ambassador stresses vital role of Audit Bureau in enhancing transparency.

Libya has large foreign exchange reserves, and the rise in the exchange rate is a coincidence, Al-Haweij says.

Pulbished on:

Tripoli (Lana) Minister of Economy and Trade, Mohamed Al-Haweij, said that the rise in the exchange rate is considered a coincidence, reassuring everyone that the economic conditions in the country are stable and do not cause concern.

This came during a meeting held by the Prime Minister of the Government of National Unity, Abdul-Hamid Al-Dbaiba, with Al-Haweij yesterday in the presence of the Minister of State for PM and Council of Ministers Affairs, Adel Jumaa, to discuss a number of important economic files in the country.

Al-Haweij stated that Libya maintains large foreign exchange reserves exceeding $82 billion, according to a report by the International Monetary Fund.

Al-Haweij provided during the meeting his ministry’s plan to develop the Commercial Registry Authority, activate the local commercial registry according to the spatial jurisdiction of the courts of appeal, and automate procedures within the Authority to facilitate the issuance and renewal of records and trademarks.

Al-Dbaiba stressed the need for convening the Balance of Payments Committee formed during the last Council of Ministers meeting and presenting the results of the necessary decisions regarding it.

The PM discussed the observations of the Audit Bureau report for the Ministry for the year 2022, directing the Minister to address everything that was reported about the Ministry and its affiliated entities.

=Lana=