Central Bank of Libya
HoR will not impose taxes on essential goods – but still studying and reviewing the idea
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CBL’s role in granting LCs is limited - does not include assessing Libya’s economic needs
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Assigning a tracking company for Libya’s imported cargo could eliminate Letters of Credit fraud: Attorney General Al-Sour
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e-payment transactions for 2025 increased by 186 percent to LD 389 billion: CBL
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CBL latest stats show a balanced LD budget for all of 2025 but a hard currency deficit of US$ 9 billion
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Economy Minister Hwej warns that Libya can run out of hard currency reserves if it does not control imports
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CBL devalues LD by 14.7% from approximately LD 5.43/dollar to about LD 6.36/dollar
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Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million
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