Libya 2018 oil revenues up, other revenues and deficit down
By Sami Zaptia. (Logo: Tripoli CBL). London, 14 January 2019: Hydrocarbon revenues for Libya in the calender year of 2018 ...
Tag: budget deficit
CBL reveals improvements in Libya’s 2017 finances: deficit down by 48 percent, no balance of payments deficit since 2014
By Sami Zaptia. The Tripoli-CBL reveals Libya's finances in 2017 (Source: CBL). London, 5 January 2018: The Tripoli-based Central Bank ...
CBL reveals Libya’s state revenues and expenditures up to Q3 of 2017
By Sami Zaptia. The CBL has today revealed the latest figures for state revenues and expenditure for Q3 2017 London, ...
CBL Q2 financial update still shows deficit
By Sami Zaptia. London, 13 July 2017: The Tripoli Central Bank of Libya released the latest financial statement today for ...
Libya’s Union of Chambers of Commerce calls on Presidency Council, the Central Bank of Libya and Audit Bureau to take steps to save Libyan economy
By Sami Zaptia. The Libyan General Union of Chambers of Commerce and Industry has called upon the Libyan authorities to ...
Customs duty of 100 percent to be imposed on imports – to solve liquidity and economic problems
By Sami Zaptia. The Serraj-led PC/GNA is to impose a 100 percent customs duty on almost all imports in an ...
Audit Bureau bans 23 Libyan and foreign companies, freezes smuggled money accounts
By Sami Zaptia. Thirteen foreign companies from 6 different countries/cities were implicated in hard currency smuggling by the Libyan Audit ...
Libyan economy is near collapse: World Bank
By Sami Zaptia. The Libyan economy is on the verge of collapse says a World Bank report (Photo: World Bank). ...
World Bank optimistic Libya report based on stability and increased oil production
By Libya Herald report. London, 21 April 2016: ‘‘The latest MENA Economic Monitor Report - Spring 2016, expects Libya’s fiscal ...
‘’Time to swallow bitter pill. No easy solutions left for Libya’s economic crises’’ Husni Bey
By Sami Zaptia. The CBL has to devalue the LD exchange rate to save the Libyan economy says leading Libyan businessman Husni ...
Top Stories
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Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living
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Demonstrations continue in Zawia for the second day in a row against all incumbent political entities as standards of living continue to diminish
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As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis
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Hafter’s forces claim liberation of all its kidnapped soldiers at the southern Al-Toum border checkpoint from local militias
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HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs
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.