Fuel subsidy Archives

News

Al-Huwaij discusses the mechanism for implementing the National Unity Government’s plan to replace fuel subsidies with cash support

amira cherni23 May، 202323 May، 2023

23 May، 202323 May، 2023

Minister of Economy and Trade, Mohammed Al-Huwaij, held a meeting on Monday, attended by the ministry’s undersecretaries for commercial affairs and economic affairs, to discuss...

News

The National Oil Corporation responds to the Ministry of Finance and confirms that the fuel subsidy allocations have not been transferred from the Central Bank

amira cherni29 June، 202230 June، 2022

29 June، 202230 June، 2022

The National Oil Corporation confirmed in a statement today, Wednesday, in response to a circular by the Finance Ministry in the National Unity Government that...

News

The Ministry of Finance: “The allegations of the National Oil Corporation are incorrect, and the ministry referred the fuel subsidy allocations to the Central Bank”

amira cherni28 June، 202229 June، 2022

28 June، 202229 June، 2022

The Ministry of Finance in the Government of National Unity refuted what was stated in the statement of the National Oil Corporation regarding the non-referral...

News

Libyan Businessman says the country’s economic system serves as a “cash cow”

amira cherni18 November، 202018 November، 2020

18 November، 202018 November، 2020

The Libyan Businessman Rashid Sawan said during a televised interview for WTV channel and Tabadul Platform that the political conflict in Libya is a conflict...

News

GNA’s former minister against the gradual removal of fuel subsidies

amira cherni29 June، 202029 June، 2020

29 June، 202029 June، 2020

During a televised interview for Libyan WTV channel and Tabadul Platform, the GNA’s former Economy Minister, Ali Al-Issawi, said his term as the Minister of Economy...