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Author: LS

Al-Bouri: ” Libya’s administrative system needs to be changed”

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During “Flusna”, a television programme broadcasted on WTV channel and Tabadul Platform, the expert in banking matters Noman Al-Bouri has sounded an alarm about the division of Libya into 16 regions instead of only 3 regions if today’s administrative system would continue to exist.

Al-Bouri has also explained that in the meantime, it is necessary to talk about the administrative division of  provincial and municipal levels.

“The problem with today’s system is the issue of centralization that compels the fail of any government that takes power because any taken resolutions would be clustered in Tripoli.” Al-Bouri explained, noting that Libya’s problem today involves an administrative system that needs to be changed, by granting some powers to the national regions and not to the provinces.

Despite Covid-19, trade exchange continues between Libya and Tunisia via land border

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The Media Office of the Directorate of the Ras Ajdair Border Security said that the operation of trade exchange through the border with Tunisia is continuing as normal, despite restrictions imposed by the spread of the Coronavirus pandemic.

This comes despite the current border closure between the two countries for passengers instigated to mitigate the Coronavirus.

The flow of goods was restarted in June after Tunisia had shut its border back in March to mitigate against the Coronavirus.

The Security Directorate indicated in a statement that the delivery procedure takes place at a designated point between both countries, with the proviso that goods are reloaded into different trucks without direct input of the drivers, amid strict procedures.

Libya ranked 33rd in world gold reserves

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Libya was ranked 33rd in the world in terms of the countries with the most gold reserves, with 116.6 tonnes, according to latest data from the World Gold Council (WGC).

The WGC’s annual July data release put the United States of America continued on top with 8,133 tons of mineral reserves, which accounted for 78% of total reserves, followed by Germany with a reserve of 3,363 tons, and the IMF with 2,814 tons.

UNHCR helps re-open health centre during lockdown in Libya

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With new equipment and training, the facility provides free healthcare and protection services to a population of 30,000 – including Libyans, refugees and migrants.

In the midst of the coronavirus lockdown, a primary healthcare centre in the Gergaresh neighbourhood of Tripoli – serving a catchment area of at least 30,000 people, including high concentrations of refugees and migrants from sub-Saharan Africa – has re-opened, thanks to the support of UNHCR, the UN Refugee Agency, and its partner the International Rescue Committee (IRC).

The centre, which is providing medical and protection services to those in need, is one of just three Primary Health Care Centres (PHCCs) that are currently operating in the whole municipality, an area where an estimated 450,000 people live.

Libya imports £3.4 m livestock

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Libya imported £3.4 million worth of live sheep since the beginning of April this year the Ministry of Economy of Libya’s internationally recognized government in Tripoli reported Wednesday.

The news coincided with the arrival of a ship earlier this week at Tripoli port carrying 477 tons of livestock.

 It also reported that the reduction of the foreign exchange surcharge rate to 163 percent, compared to 183 percent last Eid, may contribute to a reduction in the prices of imported sacrifices compared to last year.

Libya’s internationally recognized government to extend curfew hours

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Libya’s Presidencial Council of the Government of National Accord gave instructions on Saturday to extend the general country-wide curfew for 15 days effective from Saturday, July 18.

In a statement, Libya’s internationally recognized government stressed that the curfew is from 9 p.m. until 6 a.m. amid Coronavirus fears, adding that it cancelled the total curfew on Friday and Saturday.

The curfew also closes all mosques at all prayer times, with worshippers allowed to walk to mosques for Friday prayers.

Educational institutions, cafes, restaurants, events halls, clubs, entertainment centres and commercial outlets will remain closed as well.

It also bans funerals, weddings and mass transport but makes exceptions for food companies and outlets, bakeries, petrol stations – during non-curfew hours.

It also bans funerals, weddings and mass transport but makes exceptions for food companies and outlets, bakeries, petrol stations – during non-curfew hours.

However, It excludes all necessary activities such as state, security and health institutions, pharmacies, environmental activities, electricity, energy, communications and transport.

State institutions that are needed for life to continue must operate with minimum staffing and prevent large gatherings of staff.

Oil prices slip as coronavirus cases surge

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Oil prices edged lower on Friday as concerns about the surge in coronavirus cases sapping fuel demand while major crude-producing nations ready increases in output.

Fuel demand has broadly recovered from a 30% drop in April after nations worldwide restricted movements and businesses shuttered. Consumption remains below pre-pandemic levels, however, and fuel purchases are falling again as infections rise.

Brent crude futures LCOc1 fell 23 cents a barrel to settle at $43.14 per barrel. U.S. West Texas Intermediate (WTI) crude CLc1 fell 16 cents to $40.59. Both contracts were little changed from a week earlier.

It will be reminded that Benchmark crude fell 1% on Thursday after the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, agreed to trim record supply cuts of 9.7 million barrels per day (bpd) by 2 million bpd, starting in August.

Libya: School year delayed again due to COVID-19 outbreak

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The Undersecretary of the Ministry of Education, Adel Jumaa, said that pupils preparing for the secondary certificate will resume lessons on August 8, according to a secured plan set by the Scientific Advisory Committee For Managing The Covid-19 Pandemic. He also added that the plan will be announced later.

It should be reminded that the undersecretary also announced that the Education Minister has formed a committee to supervise and monitor the restarting of schools in coordination with the National Center for Disease Control and to ensure that all measures recommended by the relevant bodies for the safety of the children at the education institutions are implemented.

Tripoli hosts stranded Libyans for quarantine

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Al-Andalus Hotel in Tripoli, also known as Sheraton Hotel, has received 259 people from the stranded Libyan families in Egypt to spend the quarantine period for 14 days.

The Director of the Office of Security and Safety at the hotel, Abdel-Azim Bin Moussa said that the hotel contains 204 rooms and have already hosted 4 trips from Egypt.

He also explained that when the stranded travelers arrive, the health officers take samples from them for Covid-19 analysis, confirming that all travelers have been tested negative so far.

He said that they sterilize the travelers’ suitcases and belongings and take their passports as a security procedure.

Bin Moussa confirmed that the first group of travelers left the hotel on July 12 after completing the quarantine period.