The Directors Board of Libyan Airlines announced today, Wednesday, the operation of the engines for the Airbus A320 LAH.
This came after carrying out the necessary maintenance by Airbus and the Tunisian Maintenance Company, which is expected to return to work within weeks.
One of the suppliers of basic commodities, Suleiman Khalifa, told our source that: « The solutions that were proposed during the meeting of the Minister of Economy and Trade with the basic commodities suppliers are not necessary until the Central Bank and the Prime Minister interfere. They are the ones who can provide the solution by fixing the exchange rate to relieve the citizens, especially during the month of Ramadhan. »
He added by saying:« International prices have increased and the exchange rate is high. If the Central Bank of Libya and the Prime Minister do not intervene to adjust the exchange rate that suits the merchants, no solution will be reached. »
He continued his speech: « We are a consuming and not a producing country, and most of our imports of basic commodities are from Ukraine. Through the ongoing war, we will not be able to import. Also, the shipping price has increased from other countries. »
He concluded his speech by saying: « Our current stock is not enough for two months, as it is not in the strategic stock, especially if the Russian-Ukrainian crisis prolongs, the goods will begin to disappear from the markets, and there is no realistic solution so far. »
The Chairman of the Directors Board of the National Oil Corporation, Mustafa Sanalla, held a meeting yesterday monday with a high-level delegation from the Italian company ENI, represented by the Chief Operating Officer of Natural Resources Guido Brusco, the Director of Exploration and Production Luca Vignati, the President of North Africa Region Antonio Panza, and the General Manager of Eni North Africa Tripoli Branch – Libya, Antonio Baldazzari.
During the meeting, they discussed the development of ways of joint cooperation between the two sides to develop and improve production processes. The project to develop marine structures (A – E) and ways to achieve it as soon as possible and in an optimal way to contribute to raising production capacity rates and raising gas reserves, to support the national economy, were also discussed.
The Director of Inspection and Consumer Protection Department at the Ministry of Economy and Trade in the National Unity Government, Marei Al-Darsi, confirmed that the ministry is currently working to supply a quantity exceeding 100,000 tons of flour to achieve balance in the market, provided that it is stored and marketed through the Price Stabilization Fund.
Al-Darsi said in a statement to “Floosna” program on the Al-Wasat channel and Tabadul platform on Monday evening: « We assure the Libyan people that within two weeks, the first shipments of flour will reach the Libyan ports », noting that the ministry is working on setting a ceiling for indicative prices. With regard to the rest of the basic commodities so that they are fair prices that take into account the interests of the consumer and the trader, they will be subsidized at least by 40 to 50%.
The Minister of Economy and Trade in the National Unity Government Mohammed Al-Huwaij issued decree No. 356 of 2022 regarding the prevention of fish exports.
The decree stipulates banning the export of fish of all kinds, and this decision works from the date of its issuance.
The Minister of Economy and Trade in the of National Unity Government, Mohammed Al-Huwaij met today Tuesday with the Undersecretaries of the Ministry for Free Zone Affairs and Commercial Affairs, and the Chairman of the Directors Board of the Public Authority for Investment Promotion and Privatization Affairs, in the presence of a number of relevant departments in the Ministry.
The meeting was held in order to discuss the mechanism of organizing the local market and the flow of goods and controlling their prices with the Municipal Guard and Internal Security and Food and Drug Control Centers, as well as specifications and standards.
Al-Huwaij also discussed with a number of businessmen, mill owners, and food manufacturing and supplying companies the problems and obstacles facing mills to provide raw materials and companies to import basic commodities in large quantities. These obstacles were represented in opening credits for collection, the repercussions of the global political crisis on import and export operations, and the rise in shipping costs.
The Minister of Economy directed mill owners and companies to provide a strategic stockpile that is sufficient for a period of no less than three months, indicating that the prices of basic commodities will be determined and referred to the controlling authorities for implementation and arresting violators.
The Chairman of the Directors Board of the National Oil Corporation, Mustafa Sanalla, discussed in a meeting today, Monday, with the Deputy Ambassador of the United Kingdom to Libya, Keith English, the strengthening of cooperation between the Corporation and British companies specialized in the field of energy.
During the meeting, Sanalla explained the activities of the Corporation and its companies and the challenges facing the Libyan oil sector in light of the scarcity of financial resources, stressing that the Corporation, despite all the difficulties, will not hesitate to fulfill its responsibilities in maintaining and sustaining production rates to support the country’s economy.
For her part, the British official stressed that the United Kingdom is looking forward to expanding the horizons of cooperation and investment in Libya through the entry and return of leading British energy companies and contributing to the development of the Libyan oil sector.
A joint coordination meeting was held today, Tuesday, which included from the Libyan side the team concerned with studying the United Nations strategy concerned with cooperation with Libya in the areas of sustainable development 2023-2025, representative in the Department of International Organizations, and by the United Nations side, the economic expert and responsible for the sustainable development file in the Office of the Resident Coordinator of the United Nations Development Program in Libya.
During the meeting, the draft submitted by the office was reviewed, which includes the framework plan, so that it is in harmony with the national Libyan legislation, and also serves the Libyan state in multiple areas, the most important of which are peace, governance, economic recovery, community development and others, in partnership with the concerned national sectors, which are 22 sectors.
The Chairman of the Directors Board of the National Oil Corporation, Mustafa Sanalla, instructed the General Department of Financial Affairs of the Corporation to solve the problem of delayed salaries and the placement of workers in Benghazi branch of the National Oil Corporation.
The media office of the Corporation indicated that these instructions came after a communication between the Chairman of the Directors Board, Mustafa Sanalla and the Chairman of the Energy and Natural Resources Committee in the House of Representatives, Issa Al-Aribi, who played a prominent role in solving this problem, according to what was stated in the corporation’s publication.
During his meeting with the Minister of Finance of the National Unity Government, Khaled Al-Mabrouk, the President of the Presidential Council, Mohamed Al-Manfi stressed the need to expedite the payment of salaries to the army personnel, in the east, the west and the south, before the holy month of Ramadhan without any delay.
Al-Manfi discussed with the Minister of Finance many files related to the work of the ministry and the financial situation in the country.