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The Central Bank of Libya: « Foreign exchange uses during the first quarter of this year amounted to 5 billion dollars, of which 2.7 billion were allocated to appropriations »

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The Central Bank of Libya revealed in a statement on Tuesday evening that the total uses of foreign exchange during the first quarter of this year amounted to 5 billion dollars, of which 2.7 billion dollars were allocated for appropriations.

In its statement, the Central Bank stated that during the first three months of this year, it fed the accounts of commercial banks with an amount of 4.5 billion dollars, including 2.7 billion dollars in credits, and 1.8 billion dollars in study and treatment transfers on the private account, salaries of expatriates, aviation, and the payment of personal items for citizens.

In addition to that, an amount of 165 million dollars has been used for salaries of workers abroad and international contributions, and 361 million dollars in existing appropriations payments to public authorities, including 167 million dollars for electricity, 121 million dollars for the medical and health supply system, 28 million dollars for the Ministries of Education and Higher Education, in addition to 45 million dollars for other public authorities.

The Public Prosecution orders the imprisonment of the director of the State Property Authority in Benghazi, four employees of the department and of the Ministry of Housing and Construction

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The Public Prosecution ordered the detention of the director of the State Property Department in Benghazi and four employees of the department and of the Ministry of Housing and Construction after investigating the case of disposing of some Libyan state-owned real estate in the city of Benghazi based on forged official documents.

According to the Public Prosecutor’s Office, the Public Prosecution Office of the Anti-Corruption Crimes Prosecution in the North Benghazi Court of First Instance has taken over the investigation procedures into the circumstances and conditions that accompanied the drafting of contracts that legalize the sale of a number of state-owned properties, stressing that the procedures proved the lack of legality of the actions because they were based on contracts issued by the office director of the state property in Benghazi and stamped with the stolen office seals. After the expiry of his functional mandate and the delivery of what was in his custody, the procedure for ratification of the validity of what was contained in its body was completed through a contract editor, driven by the illegal profit represented in obtaining sums of money.

He added that the investigation procedures revealed evidence that a number of employees in the State Property Authority and the Ministry of Housing and Construction included the real estate subject of the crime of forgery among the abandoned real estate, and issued licenses permitting the construction of a number of shops outside the scheme in violation of the regulating legislation after collecting an amount of money to which they had no right. The investigator ended up ordering the imprisonment of four employees who were subject to investigations, including the director of the Benghazi State Property Authority, and circulated his order to seize and bring all the absent perpetrators and partners who criminally contributed to the aforementioned facts.

The Finance Minister-designate Mohamed Al-Shahubi discusses the mechanism of supporting the National Oil Corporation in order to increase production rates

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The Finance Minister-designate Mohamed Al-Shahubi, Minister of Transportation, in the Government of National Unity held a meeting with the committee formed by the decision of the Prime Minister in the government to address the financial conditions of the National Oil Corporation and support its efforts to increase production.

According to the Information Office of the Ministry of Finance, the meeting, which was held this Tuesday evening in the capital Tripoli, dealt with the mechanism of activating practical and urgent steps in order to support the National Oil Corporation to reach an increase in Libya’s production rates of crude oil and natural gas.

The Municipal Guard of Benghazi takes the necessary measures to monitor the prices of vegetables and fruits in local markets

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The Municipal Guard in the municipality of Benghazi has taken the necessary measures to monitor the prices of vegetables and fruits in the local markets in the municipality, in coordination with the control of the economy in the city, to determine prices so that the members of the authority can permanently monitor prices and take the necessary measures to determine the prices of vegetables and fruits, provided that they are taken as of tomorrow, Tuesday, 5 April, 2022.

Prices will also be displayed on a daily basis, and all necessary legal measures will be taken to apprehend violators.

North Africa Bank announces the availability of cash in the bank’s branch in Salah Al-Din region, with a withdrawal ceiling of one thousand dinars

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The Department of Treatment Affairs at the Ministry of Health held its regular periodic meeting today, Tuesday, with heads of departments and members of the Higher Advisory Committee for Treatment.

The meeting discussed organizing treatment procedures, as well as facilitating procedures for patients applying for treatment abroad. Department officials reviewed technical reports on the tasks assigned to them under the decisions issued by the Minister of Health.

The Director of the Department of Treatment Affairs Mohammed Saud stated that the meeting dealt with a presentation of the department’s work plan in line with the available spaces for dispatching sick cases according to the availability of financial deposits.

Italy seeks Libyan gas to replace Russian flows

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The Italian Minister of Ecological Transition, Roberto Cingolani, as saying that his country will conclude its first deals to obtain more Libyan gas and other suppliers to replace the Russian flows in the coming weeks.

Cingolani stressed that there is a series of talks underway during the next few weeks and « we will conclude the first agreements with Libya », expecting Italy to obtain an additional 10 billion cubic meters of gas through pipelines with Algeria, Libya and Azerbaijan this year.

This figure will exceed 20 billion cubic meters by 2024. Italy, which imports about 40% of gas imports from Russia, is seeking to find alternatives and diversify its supply mix after Moscow’s invasion of Ukraine.

Adapted from Reuteurs News Agency

Libyana Mobile Phone announces its Ramadan packages

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Libyana Mobile Phone announced the weekly, semi-monthly and monthly packages (calls, messages and internet) as part of its Ramadan offers.

Initially, when subscribing to 1 dinar package from the weekly packages, the subscriber gets a call for 20 minutes, 20 messages and 200 megabytes with a week’s validity. Also, he can get 70 minutes, 70 messages and 1 GB with a week’s validity when subscribing to the 5 dinars package. As for the semi-monthly package, it contains 250 minutes 250 messages and 10 GB with a validity of two weeks, when subscribing to the 20 dinars package.

The first monthly package is with a subscription of 60 dinars to get 500 minutes, 500 messages and 60 GB with a month validity, followed by the giant package at a price of 250 dinars to get 1500 minutes, 1500 messages and 350 GB with a month validity.

With each subscription to the Ramadan packages, the subscriber can obtain a discount code via *141# to use it in obtaining packages at a reduced price or obtaining a discount when purchasing from agents, or exchanging it for a free subscription voucher for added services.

The Central Bank of Libya: « The total spending during the first three months of this year amounted to 14.7 billion dinars, compared to revenues that did not exceed 3.4 billion dinars »

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The Central Bank of Libya revealed in a statement today, Tuesday, that the total spending during the first three months of this year (January, February and March) amounted to 14.7 billion dinars, while state revenues during the same period did not exceed 3.4 billion dinars.

The Central Bank clarified in its statement that the biggest part of spending during the first three months of this year was on salaries, which amounted to 9.4 billion dinars, while the total expenditures on support amounted to 4.6 billion dinars, in addition to 676 million to cover operating expenses.

He added that the sovereign revenues came mostly from oil royalties, which amounted to 2.6 billion dinars, 502 million dinars from tax revenues, 25 million dinars in customs revenues, and 318 million dinars from other revenues.

In its statement, the Central Bank of Libya indicated that an amount of 11.4 billion dinars was received from the National Oil Corporation regarding royalties owed by oil companies for previous years, revealing that these values ​​were used to finance the expenses of the first quarter of 2022.

An agreement to launch a national campaign to protect consumers inside Libya, targeting food and drug circulation

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The head of the Internal Security Agency, Brigadier General Lotfi Al-Harari, the head of the Municipal Guard, Major General Rajab Qatusa and the Director of Internal Control at the Food and Drug Control Center Nuri Al-Dhawi agreed to launch a national campaign to protect the consumer inside Libya.

This came during a meeting held today, Tuesday, at the headquarters of the Internal Security Agency in Tripoli, and the campaign targets food and drug circulation places with regard to the health requirements that must be met and follow up on the implementation of the decisions of the Economy and Trade Ministry with regard to prices and other decisions that protect the consumer.

The Administrative Control Authority of Tripoli, sets the official working hours during the month of Ramadan

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The President of the Administrative Control Authority in Tripoli, Suleiman Mohamed Al-Shanti, issued a decision today, Monday, regarding setting official working hours during the blessed month of Ramadan.

The working hours start at 10am and end at 3pm.