Cost of living continues to rise, liquidity problem persists: Libya market report
By Sami Zaptia. (Photo: Sami Zaptia). London, 22 January 2021: The cost of the Minimum Expenditure Basket (MEB) across Libya ...
Tag: bank cash liquidity crisis shortage
Serraj government creaking under pressure: with electricity blackouts, water cuts, youth fleeing to Europe and demonstrating, and municipalities calling for immediate action
By Sami Zaptia. Libyans are demonstrating against all their failed political and ruling elite in the face of power and ...
Many abandoning Eid ram sacrifice due to cash crisis and high cost of living
By Sami Zaptia. A ram for the Eid sacrifice (LH archives). London, 28 July 2019: Many Libyans are abandoning the ...
Top Stories
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CBL Governor urges executive authorities to take measures to close unlicensed foreign exchange bureaux, prohibit imports outside the banking system
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High-level national workshop held to review Libya’s draft Renewable Energy Law
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HoR’s 303 billion debt cancellation is necessary as the debt’s negative effects have already occurred: Husni Bey
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Zuwara Port under consideration for establishment of integrated fisheries industrial zone in partnership between Libyan company and Albanian company Rozafa
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PM Aldabaiba meets CBL Governor Issa to follow up on financial situation and efforts to ensure provision of cash and improve level of banking services
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.