The Tripoli-based Cantral Bank (CBL) stated that the branches of Jumhouria Bank, in Tripoli, have received financial liquidity. For instance, they received financial liquidity at a value of LD 55 million dinars. According to the CBL’s statement, LD 4 million have been allocated to the Jumhouria Bank Al Maydan …

Oil prices slipped slightly on Monday amid concerns about a stalled global economic recovery and worries over renewed Libyan supply, but were supported by an impending storm which has disrupted U.S. oil production. Brent crude LCOc1 was down 11 cents, or 0.2%, at $39.72 a barrel while U.S. West Texas Intermedia…

 The Government of the United States of America, through the Bureau of Humanitarian Assistance has approved additional funding of US$ 2 million toward UNICEF’s multi-sectoral preparedness and response to the COVID-19 pandemic in Libya, which aims to contribute to the reduction of human-to-human transmission and to…

During “Flusna”, a television program broadcasted on WTV channel and Tabadul Platform, the economist Hafed Al-Ghwell said the Libyan economy is not really an economy, comparing Libya to a gas station in the Mediterranean where oil is sold for dollars. As far as referring the governor of the Central Bank of Li…