CBL denies withdrawing banknotes from circulation.

The Central Bank of Libya (CBL) denied Saturday issuing a decision to withdraw any bank notes, after rumors spread through some media in this...

Libya Central Bank says keen on doing comprehensive reform

The Central Bank of Libya (CBL) said it will keep providing letters of credit to businesspersons in order to cover the Libyan market needs...

Libyan Tripoli-based CBL says Libya is witnessing thorough,economic reform

The Tripoli-based Central Bank of Libya (CBL) has issued a statement detailing the results of the latest efforts it had done to regain the...

CBL announces end of first stage of online payment project

The Central Bank of Libya (CBL) has announced that the first stage of online payment project via cell phones "Sadad" (Payout) has finished in...

Libya ranked 185 in World Bank’s Ease of Doing Business Index.

The World Bank Group has ranked Libya in 185th place out of 190 countries in its report on the Ease of Doing Business Index...

The Presidential Council Continues to Hold Meetings.

The Presidential Council of the National Government of Accord held its meetings at the headquarters of the Council in Tripoli, headed by the Council's...

Libya’s CBL governor vows to break economic stalemate, pushes for reform

The governor of the Central Bank of Libya (CBL) Al-Siddiq Al-Kabeer said Thursday that he is going to pursue with economic and financial reforms...

Libyan Ministry of Economy and Industry signs partnership agreement with German...

The Minister of Economy and Industry, Nasser Al-Dersi, has signed a partnership agreement with the German company MAN SE for the joint operation of...

CBL governor meets Chairman of Arab Monetary Fund in Morocco

The Governor of the Central Bank of Libya, Siddik Al-Kabir, met Monday with the Director-General and Chairman of the Arab Monetary Fund, Abdulrahman Abdullah...

Libya’s NOC says oil production remain under many budget constraints.

Libya’s ability to rebuild its oil output will be hindered by ongoing constraints on National Oil Corporation’s (NOC) budget, Chairman of NOC, Mustafa Sanallah...