No Result
View All Result
Friday, July 18, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Tax Authority discussing its development with USAID

bySami Zaptia
March 10, 2021
Reading Time: 1 min read
A A

By Sami Zaptia.

The Tax Authority seeks to improve its effectiveness with help from USAID (Photo: Libyan Tax Authority).

London, 10 March 2021:

Libya’s Tax Authority discussed ways to improve its performance with USAID on Monday (8 March). The virtual discussion included the Economic Attaché at the US embassy in Libya.

The Tax Authority stated that the meeting aimed at developing a mechanism to add an annex of cooperation to develop and improve tax work to the Memorandum of Cooperation between the Ministry of Finance and USAID and the Libya Public Finance Management (LPFM) Agreement.

The meeting also aimed to support the Ministry of Finance in its ability to manage its financial policy so that the tax policy is more effective in financing the state’s public treasury by collecting taxes in accordance with the legislation in force, addressing economic imbalances and distortions and directing the economy.

RELATED POSTS

Tax Authority holds symposium entitled “Tax on e-Commerce”

Consultations between Libyan Tax Authority and its Austrian counterpart to avoid double taxation

The LPFM 2019-2024 Agreement

The five-year LPFM programme with USAID [restrict paid=”true”] and Pragma says it aims to partner with the public and private sectors to revitalize provision of critical public services, enhance the capacity and transparency of municipal governance institutions, and establish an enabling environment that promotes private sector growth—advancing Libya’s journey to stability and self-reliance.

It says it provides technical assistance and capacity building at the national and municipal levels to reform public financial management and ensure adequate funding for critical public services.

It reports that it is working with 46 municipalities as they lead the way to implementing decentralized government funding and accountability—and with upwards of 20 pilot municipalities on strategies to ensure urgently needed delivery of education, primary healthcare, and solid waste management services. [/restrict]

Its collaboration with the Ministry of Finance is building the capacity of the Ministry’s recently established Macro-Fiscal Unit to promote stable and efficient macro-fiscal policy formulation and management.

Tags: featuredTax AuthorityUSAID

Related Posts

Tax system reform forum makes 11 main recommendations
Business

Tax Authority holds symposium entitled “Tax on e-Commerce”

July 17, 2025
Libyan Ports fees increased by 235 percent to reflect dinar devaluation
Business

Libyan Ports Company signs contract in Germany for 154-ton Liebherr container crane for Khoms Port

July 17, 2025
CBL receives results from meetings with international banks
Business

CBL Governor Issa pushes for improved e-payment services despite increase of points of sale by 92% and e-transactions by 75% since 2024

July 16, 2025
CBL temporarily suspends chairman and directors of ATIB
Business

Former ATIB bank Chairman Naaman Elbouri recalls his unjust kidnapping and detention – calls on CBL Governor to implement law against those unjustly accused

July 16, 2025
Twenty-three dead and 106 injured in Tripoli’s security forces clashes
Business

After signing agreement in April with Georgetown University, the first emergency response training programme is launched in DC: EMSC

July 16, 2025
CBL receives results from meetings with international banks
Business

CBL orders government entities from 1 August to receive payment for services from citizens electronically

July 16, 2025
Next Post

Serraj’s GNA welcomes GNU, ready to hand over power – new Presidency Council starts work officially

Eastern based Thinni Libyan government announces readiness to hand over power to new GNU

ADVERTISEMENT

Top Stories

  • Libyan Railways Implementation Authority invites International Federation of Railways to participate in November workshop

    China to resume implementation of its stalled railways projects in Libya

    0 shares
    Share 0 Tweet 0
  • Libya and Nigeria discuss gas projects, extension of export pipelines to Europe and high-level delegation visit to Tripoli

    0 shares
    Share 0 Tweet 0
  • Tripoli based Libyan government plans to complete 150,000 housing units by 2030

    0 shares
    Share 0 Tweet 0
  • Fuel subsidies reached LD 60 billion, 30 percent of which is smuggled – therefore can invest just LD 5 bn in housing: CBL Governor Issa

    0 shares
    Share 0 Tweet 0
  • Former ATIB bank Chairman Naaman Elbouri recalls his unjust kidnapping and detention – calls on CBL Governor to implement law against those unjustly accused

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

National Strategy for Prevention and Combating of Corruption (2025-2030) launched by ACA

Western Mountain Military Region conducts operation around Ghadames against drug trafficking and transnational organised crime

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.