GNA approves 48 billion LYD budget for 2020.

Libya's budget for 2020 is estimated at just under 48 billion Libyan dinars, about 34 billion dollars, the Ministry of Economy and Industry has...

Libya-US talks to develop oil sector and enhance transparency.

Libyan and US officials held talks in Washington on Tuesday on ways to bolster Libya's oil sector and enhance transparency in data dissemination in...

Economy Minister reviews with UN mission economic reforms.

The UN envoy deputy for political affairs, Stephanie Williams, has discussed with Minister of Economy, Ali Al-Esawi the budget and economic reforms. "The meeting touched...

Tripoli’s Finance Ministry discusses developing e-payments systems.

The Tripoli-based Finance Ministry reported that it discussed the development of e-payments at a meeting with its department managers, the Customs Authority and the...

Libya’s Central Bank: State revenue reached 41.5 billion dinars so far...

The Central Bank of Libya (CBL) said the Libyan state revenue of the last three quarters of 2019 amounted to 24.5 billion dinars plus...

Libyan government plans to form committee for studying draft budget.

The Government of National Accord (GNA) is to form a committee to study the draft budget, consisting of representatives from the ministries of finance,...

Tajoura Municipality to launch investment projects within the town

The Municipality of Tajoura, east Tripoli, has offered five pieces of land, each of 5000 square meters, for investment. It explained on its Facebook page...

Government suspends salary increases of employees

The Government of National Accord has temporarily suspended all its decisions related to pay rise for government employees. During a cabinet meeting on Wednesday, the...

Minister of Economy discusses with UN official consolidating economic growth in...

Minister of Economy and Industry, Ali Al-Issawi met with Deputy Special Representative of the Secretary-General of the United Nations, Resident Humanitarian Coordinator in Libya...

CBL head discusses with US officials economic issues in Libya.

The Governor of the Central Bank of Libya (CBL) Saddek ElKaber has agreed with the US Ambassador to Libya, Richard Norland to enhance cooperation...