CBL confirms flour crisis is on demise
Deputy Minister of Economy, Ali Al-Mahjoub, confirmed that the flour crisis in the country will come to an end in 10 days after the Central Bank of Libya had allowed letters of credit with 53 million, which it said were put on hold in the bank.
The Deputy also said that the CBL will also activate some other letters of credits and that there is a shipment of wheat in Tripoli port the has been allowed to be distributed in the country upon paying for their credit letters.
Meanwhile, shortage of bread is growing inside the country due to rocketing prices of flour in the black market.
The views expressed in Op-Ed pieces are those of the author and do not purport to reflect the opinions or views of Libyan Express.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
Latest posts by Libyan Express (see all)
- Libya disrupts trafficking hub used by Europe-bound migrants - July 15, 2025
- US ambassador urges Israel to investigate killing of Palestinian American in West Bank - July 15, 2025
- Western Libya mayors present roadmap proposals to UN - July 15, 2025