Libya: rival governments clash over spending amid economic woes
Libya’s deepening economic strains have spilled into open confrontation, as rival state institutions trade accusations over unapproved spending amid a...
Central Bank of Libya
Libya’s central bank advises against illegal foreign exchange
In a leaked letter, the Central Bank of Libya (CBL) urged foreign missions and international organisations operating in Libya to...
Libya: bank urges use of licensed foreign exchange offices
The Central Bank of Libya (CBL) has instructed all foreign missions and international organisations in Libya to advise their citizens...
Libya bans pricing at black-market rates
Libya’s Minister of Economy and Trade, Mohamed Al-Hwaij, has issued a new measure, banning companies from pricing goods using black-market...
Libya earns $371m from oil exports since start of 2026
The Central Bank of Libya (CBL) announced on January 15th that national oil revenues have hit $371 million since the...
Libyan Tripoli and Benghazi governments sign finance deal
Libya's two rival government institutions signed a deal that would see the 'unification' of their finances, the Libya Gazette reported...
Libya: rival governments agree to development programme
Libya's two rival government administrations reportedly signed a deal on November 18th that would 'unify' their finances according to The...
Libya’s Planning Minister prioritises digitalization of banking sector
Libya’s Planning Minister Mohamed Al-Zidani has prioritised the importance of digital transformation in the country’s banking sector to drive investment...
Libya’s need for economic reform discussed at Central Bank meeting
In the wake of instability in the banking sector, Libya’s Speaker of Parliament met with the Central Bank to discuss...
New shipment of Libyan currency lands in Tripoli
The Central Bank of Libya (CBL) have had a shipment of new Libyan banknotes arrive at Mitiga International Airport in...
Libya central bank governor flees country following ‘threats’
On August 30th, Libya's central bank governor, Seddik al-Kabir, said he and other senior bank staff fled the country following...
Libya: Central Bank resumes work after official’s release
Libya’s fragile financial stability faced yet another test as its central bank got back to normal operations following the abduction...
Libya signs off $18.5bn USD budget for eastern govt
As Libya’s western government advocates for the rights of Hannibal Gadhafi, Libya’s eastern government approved their $18.5 billion budget for...
