No Result
View All Result
Friday, August 1, 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

In an effort to bring prices down, Libya exempts food imports from all duties

bySami Zaptia
November 11, 2021
Reading Time: 1 min read
A A
In an effort to bring prices down, Libya exempts food imports from all duties

In an attempt to control rising prices, food imports will be exempt from import duties (Photo: GNU).

By Sami Zaptia.

In an attempt to control rising prices, food imports will be exempt from import duties (Photo: GNU).

Tripoli, 11 November 2021:

In an effort to counter price rises, the Abd Alhamid Aldabaiba-led Libyan government passed a decree (537/21) yesterday exempting all food imports from tax duties.

The decree was initiated by the Ministry of Economy which said this comes in the context of encouraging import tools to increase their imports of food commodities, raise the level of strategic stocks and the necessary needs for the local market, and cover the demand for commodities,

The Economy Ministry said this move aims to reduce the burden on the shoulders of the citizen.

RELATED POSTS

Aldabaiba vows to impose justice, law and order – puts militias on notice

e-Trade Portal System (PTS) launched at Khoms Port

Prime Minister tours Tripoli – inspecting food prices

Earlier, the Prime Minister visited several shops and bakeries, to inspect prices and the availability of various products.

The government reported that during his visit, he listened to citizens’ comments regarding quality, prices and availability.

During a visit to a bakery, he enquired about weights and prices, given that bread is one of the basic commodities. Visiting a pharmacy, he discussed the methods of buying and selling medicines and their compliance with specifications.

The government media department reported that following his tour, Aldabaiba issued instructions to exempt all imported foodstuffs and medicines from taxes and stressed the head of the Municipal Guard on the need to follow up on price controls.

The PM was accompanied on his tour by the Ministers of Youth and Local Government, the Undersecretary of the Ministry of Economy and Trade, and the Head of the Municipal Guard.

Tags: Abd Alhamid aldabaiba pm GNU Government of National UnityfeaturedfoodMinistry of Economy and Trade GNUprices

Related Posts

Libya and Shell discuss several areas of cooperation
Business

Minister of Oil and Gas discusses with Japanese Ambassador strengthening cooperation and attracting Japanese companies to Libya’s energy sector

July 31, 2025
Workshop on ‘‘Challenges facing the packaging sector in Libya‎’’ – recommendations made
Business

”Transformation to Cleaner Production and Sustainable Development in the Industrial Sector” workshop to be held by NIPA

July 31, 2025
Libyan General Union of Chambers to lead delegation to Rome’s Arab Italian Trade Forum on 28 January 2025
Business

Libya’s Union of Chambers of Commerce participates in the South-South Dialogue held in Italy ‎

July 31, 2025
Sirte and BACB to improve cooperation
Business

Sirte Oil discusses with Schlumberger progress of several ongoing projects in the fields

July 31, 2025
Akakus Oil drills 15 wells since January – producing 25,000 bpd
Business

Akakus Oil’s drilling of new H-49 well in Sharara field completed with a production of 1,450 bpd

July 30, 2025
Libya reunifies official state news agency LANA
Business

Kuwaiti European Centre cooperation protocol for “Creating a Libyan Cadre” initiative to train 26,000 Libyan job seekers discussed

July 30, 2025
Next Post

Libya Herald exclusive: LBC head Fellah slams price controls and limited effect of food import duties exemption – calls for all Libya to be a duty free zone

Libya seeks foreign investment in its minerals sectors: Oil Minister Aoun at Africa Energy Week, South Africa

Libya seeks foreign investment in its minerals sectors: Oil Minister Aoun at Africa Energy Week, South Africa

ADVERTISEMENT

Top Stories

  • Tripoli Defence Minister Namroush takes steps to secure Tripoli after Bashagha alleged assassination attempt

    Tripoli Defence Ministry warns of unspecified precision air strikes against human smugglers and drug traffickers

    0 shares
    Share 0 Tweet 0
  • NOC signs four memorandums of understanding with Algeria’s Sonatrach‎

    0 shares
    Share 0 Tweet 0
  • North Africa Bitumen Company explains its choice of Misrata Free Zone as its Libya operations base

    0 shares
    Share 0 Tweet 0
  • Khoms port discusses development with Turkish company Orbitel

    0 shares
    Share 0 Tweet 0
  • Libyan entities discuss restarting local pharma production at Rabta factory with Italian company Pharmacom

    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

Minister of Oil and Gas discusses with Japanese Ambassador strengthening cooperation and attracting Japanese companies to Libya’s energy sector

”Transformation to Cleaner Production and Sustainable Development in the Industrial Sector” workshop to be held by NIPA

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.