Browsing Tag

CBL

Budget worth 38.5 billion dinars approved for 2020 in Libya

The Libyan Government of National Accord (GNA) approved Tuesday the 2020 budget and financial arrangements as worth 38.5 billion dinars. The passing of the budget came right after a meeting at the headquarters of the Central Bank of…

Libya’s central bank drops dollar purchase fees to 163%

The Libyan Presidential Council on Tripoli of the Government of National Accord (GNA) announced on Tuesday that it will cut the fee on sales of dollars and other foreign currencies to 163% from August 04. The GNA, together  with the…

Libyan oil revenue drops to 11.2%, Central Bank says

Libya’s oil revenue dropped 11.2% to 14.3 billion dinars ($10,2 billion) in the first six months of 2019, compared with the same period last year, the Libyan central bank said on Monday. The bank said in a statemen that oil represented…

Libya’s Central Bank denies moving data centres to Misurata

A source from the Central Bank of Libya (CBL) has denied to Libyan Express the news circulated on social media and media outlets about the transfer of the data centres from the main headquarters in Tripoli to the city of Misurata.  The…

Libya’s Central Bank relaunches $500 family grant

The Central Bank of Libya (CBL) said in a statement on Wednesday that it is going to resume the $500 grant for every family member in the country starting from next Sunday. The CBL explained that the delay has been caused by the…

Libyan Foreign Bank rejects CBL’s decision

The Libyan Foreign Bank (LFB) has issued a statement denouncing the decision taken by the Governor of the Central Bank of Libya (CBL) Al-Sediq Al-Kabeer to dismiss the General Director of the LFB and the board of directors as well as to…