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Author: LS

Minister of Economy and Trade Meets Mayor of Misrata Municipality

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The Minister of Economy and Trade of the Government of National Unity (GNU), Mohamed Hwej, met on Thursday with the the mayor of Misrata Municipality, Mahmoud Al-Soqotri, and other members of the Misrata Municipality and the Misrata Chamber of Commerce, Industry and Agriculture.

During the meeting, the participants discussed ways of boosting economics and trade control in Misrata, in addition to the means of strengthening the role of senior police officers.

The meeting also examined ways to control prices, the adequate mechanisms to support small and medium-sized enterprises as well as efforts to achieve economic diversification.

CBL Governor discusses files on money laundering, terrorist funding

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The Governor of the Central Bank of Libya (CBL), Sadiq Al-Kabir, held a meeting on Thursday with the Principal Deputy Assistant Secretary at U.S. Department of the Treasury.

The meeting discussed files related to money laundering and terrorist funding. It also highlighted the latest update on the progress of these issues.

Brega announces launch of the fifth fuel convoy heading for south Libya

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Brega Oil Marketing Company announced that the fifth convoy of fuel set off on Wednesday heading for the southern regions, carrying 1.667.000 liters of gasoline, 213,000 liters of diesel, and 60 tons of liquid gas.

The company stressed that it would not delay fulfilling the citizen’s need for fuel, adding that the fuel crisis in the south would cease if the flow of oil products continued without hindrance or danger.

Attorney General, Parliament Speaker discuss difficulties encountered by the prosecutor’s offices

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Parliament Speaker, Aguila Saleh, met on Tuesday with the Attorney General, Seddiq Al-Sour, Member of the House of Representatives, Ahmed Al-Sharef, and the Legal advisor to the Office of the chairman of the Libyan House of Representatives, Ashraf Al-Dous, in order to discuss the difficulties encountered by the prosecutor’s offices and requirements to develop legislations.

During the meeting, Al-Sour said that the National Congress and the House of Representatives have issued many legislations related to the judicial work. However, the judiciary and the Public Prosecution had no say on the matter.

He also emphasized the need to conduct research studies to consider the existing legislations and enhance communication between the Attorney General and the oversight committees of the House of Representatives, to boost harmony among various authorities.

Unifying military institution in Libya should be a priority

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The Head of the Libyan High Council of State (HCS), Khalid Al-Mishri, said on Tuesday that he did not meet the speaker of the Libyan House of Representatives, Aguila Saleh, in Morocco.

During a press conference in Tripoli, Al-Mishri said he rejects unifying state civil institutions without unifying the military institution.

Al-Mishri added that the HCS wouldn’t finish the process of state sovereign positions unless a breakthrough in unifying the military institution happened, pointing out that this could be the groundwork for successful elections, which he said must take place on December 24 as planned.

Libyan Audit Bureau updates project to pay state-sector salaries via pre-paid cards

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Tadawul Technology Company met with the Libyan Audit Bureau to discuss the latest technical developments to harness them to serve public sector employees’ salaries, where the Audit Bureau took the initiative to adopt technical updates to supplement the card project.

The Audit Bureau’s salary card project is being implemented in partnership between Tadawul Company and commercial banks operating in Libya. The project was born in early 2018 as a prepaid electronic card charged with part of the salary and accepted at 3,000 different point of sale.

It also became available for cash withdrawals, as well as the use of applications and wallets compatible with the card, all of which can be offered and accepted at more than 8,000 effective points of sale covering the entirety of Libya.

Pipeline leak at Libya’s Samah oilfield

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A pipeline leak at Libya’s Samah oilfield may pause pumping operations, an oil engineer there and an oil source at Waha Oil Company said on Tuesday.

Samah feeds the Es Sider oil terminal and an oil official at the port said Waha oil production is currently about 285,000 barrels a day.

A leak on Monday in the same pipeline, connecting Samah to Es Sider, was controlled but it leaked again on Tuesday, the oil engineer at the field said.

Central Bank of Libya launches projects on digital transformation

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The Governor of the Central Bank of Libya (CBL), Seddiq Al-Kabir, met on Monday with a number of advisors and directors of departments in the bank.

The meeting discussed launching a set of projects concerned with digital transformation, banking system integrity, state financial sustainability, governance and capacity building.

The meeting also discussed a number of files related to contributing to moving the wheel of the economy according to the vision of the National Unity Government (GNU).

Bashagha promises to revive projects worth more than LD 20 billions

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“The east doesn’t just want a bigger share of oil revenues, they demand equal rights and a fair share of state services and development,” said Fathi Bashagha, former interior minister in the internationally recognized government in Tripoli.

According to Bloombeerg, Bashagha said if elected he’d revive projects worth more than 20 billions dinars ($4.5 billion) that date to before the 2011 uprising that removed Qaddafi. They include upgrading infrastructure and building more schools and hospitals.

Security needs to be strengthened nationwide but especially around oil installations if Libya wants foreign companies to return and help develop the sector, he said. Total SE, Eni SpA and Repsol SA all have stakes in the country but withdrew overseas staff as conflict escalated from 2014.

UNHCR: 274 illegal migrants returned to Libya

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The United Nations High Commissioner for Refugees (UNHCR) said on Monday that 274 illegal migrants were returned to Libya by the Libyan Coast Guard.

“274 people were brought back to Tripoli this afternoon in two different operations by Libyan Coast Guard. Among them 19 women and 3 children,” UNHCR tweeted.

“UNHCR & IRC provided assistance to all survivors. Over 10,000 persons have been returned to Libya since January and sent to detention,” the UNHCR said. The IRC is short for the International Rescue Committee, a non-profit organization in Tripoli, Libya.