Russian private military contractor Wagner Group has up to 1,200 people deployed in Libya, strengthening the forces of eastern-based military leader Khalifa Haftar, according to a confidential United Nations report seen by Reuters on Wednesday. The 57-page report by independent sanctions monitors, submitted to…

With regards to outgoings, the Central bank of Libya noted that state-sector salaries were as usual by far the largest single item at 65 percent of the total budget outgoings at LD 7.352 bn, but down LD 85 m on the projected LD 7.267 bn. Operational expenses (6 %) were down by LD 619 million to LD 714 m from a proj…

UNSMIL said it welcomes the recent restructuring within the management committee of Brega Petroleum Marketing Co. which allows for a better functionality of this important state institution. As stated in successive UN Security Council resolutions, including UN Resolution 2509 (2020). It also called on all Liby…

The Tripoli based Central Bank of Libya (CBL) reported Wednesday that Libya’s oil revenues for the period 1/1/20 to 30/4/20 were LD 1,978 bn, down LD 22 million on budget estimates of LD 2bn, while taxes brought in LD 169 m, down LD 264 on projected estimates of LD 433 m and customs duties brought in LD 35 m, down…