Skip to main content
|

NOC to receive $2 billion as temporary funding

The National Oil Corporation (NOC) is waiting to receive a portion of the 9 billion dinars in temporary funding, about 2 billion dollars that the government will provide to state institutions to cover wages and medicine bills.

The Central Bank of Libya will transfer funds under a temporary financial arrangement for two months until a consolidated budget for 2021 is fully approved, Bloomberg reported Wednesday, citing sources.

Share the news