The Speaker of the House, Aguila Saleh, issued Decision No. 15 of 2024, imposing a tariff on the official exchange rate of foreign currencies by 27% for all purposes, with the possibility of reducing the rate during the period of the decision’s validity from its issuance date until the end of the current year, 2024.
The decision stipulates that the revenue generated from the tax shall be used to cover the expenses of development projects if necessary, or added to the resources allocated to the Central Bank of Libya to pay off public debt under Decision No. 30 of 2023 issued by the House of Representatives.
