Libyan Economy Archives

News

International Monetary Fund: Central Bank Reunification, a Step in the Right Direction, and Libya’s Economic Outlook Remains Positive

Amira Cherni20 November، 202321 November، 2023

20 November، 202321 November، 2023

Dmitry Gershenson, head of the IMF team overseeing economic and financial developments in Libya, stated in a Monday release that the recent reunification of Libya’s...

News

The economist Hbarat: “If the unified salary scale continues to be implemented, the salaries will exceed 60 billion dinars annually”

Amira Cherni13 June، 202313 June، 2023

13 June، 202313 June، 2023

Today, Monday, the economic expert Noureddine Hbarat told our source that, according to the latest Central Bank of Libya statement for the past five months,...

News

Al-Huwaij: “The Libyan economy achieved the best growth and financial stability during the era of the National Unity Government compared to the surrounding region”

Amira Cherni6 May، 20239 May، 2023

6 May، 20239 May، 2023

The Minister of Economy and Trade in the National Unity Government, Mohammed Al-Huwaij, stated during his speech at the opening ceremony of the 49th Tripoli...

News

During the “Reality of the Libyan Economy” seminar, economic experts emphasized the importance of continuing to increase disclosure and transparency rates, and breaking free from the rentier economy

Amira Cherni2 April، 20235 April، 2023

2 April، 20235 April، 2023

The economic experts emphasized during the “Reality of the Libyan Economy” seminar, held as part of the 2023 Ramadan Cultural Season in the Old City...

News

The Advisor to the Governor of CBL: A rentier economy reliant on a single source of income is a “cursed economy” that kills everything

Amira Cherni2 April، 20235 April، 2023

2 April، 20235 April، 2023

Mustafa Al-Manae, an advisor to the governor of the Central Bank of Libya, stated that an economy reliant on a single source of income, which...

News

Al-Huwaij meets with a number of economic experts and academics

Amira Cherni3 March، 20237 March، 2023

3 March، 20237 March، 2023

The Minister of Economy and Trade in the Government of National Unity, Mohammed Al-Huwaij, met yesterday, Thursday, with a number of economic experts and academics...

News

Bathily: “Reuniting and reforming the Central Bank of Libya is necessary for accountability and promoting economic welfare in Libya”

Amira Cherni28 February، 20232 March، 2023

28 February، 20232 March، 2023

The Special Representative of the Secretary-General for the United Nations, Abdoulaye Bathily, stated during his briefing to the Security Council that reuniting and reforming the...

News

The Central Bank Research Department publishes the quarterly economic statement data for the fourth quarter of 2022

Amira Cherni9 February، 202311 February، 2023

9 February، 202311 February، 2023

The Research and Statistics Department of the Central Bank of Libya published the data of the Quarterly Economic Statement for the fourth quarter of 2022,...

News

Husni Bey: “Replacing subsidies with cash has a significant positive impact on the national economy and saves nearly $4 billion in the balance of payments”

Amira Cherni5 February، 20237 February، 2023

5 February، 20237 February، 2023

Businessman Husni Bey said that replacing the subsidy with cash, if approved, will have a significant positive impact on the national economy, indicating that it...

News

Central Research Department: “The money supply increased during the third quarter of this year to about 105.7 billion dinars”

Amira Cherni6 December، 20226 December، 2022

6 December، 20226 December، 2022

The Research and Statistics Department of the Central Bank of Libya issued the economic bulletin data today, Monday, that witnessed the third quarter of the...