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CBL LD 15.6 bn loan to cover state budget deficit for period to 31 July
By Sami Zaptia. (Logo: Tripoli CBL). London, 18 August 2020: Libya’s Tripoli-based Central Bank of Libya (CBL) provided a LD ...
Tag: deficit
2019 budget details: No deficit, 10 percent budget increase, 25 percent for projects, foreign companies who remained will be given special treatment
By Sami Zaptia. PC Deputy head Ahmed Maetig and Finance Minister Faraj Bumatri revealing details of the 2019 budget (Photo: ...
World Bank Libya report: violent political conflict, deficits, inflation, and lack of reform framework stall economy
By Sami Zaptia. London, 13 October 2017: The World Bank Economic Outlook report on Libya released this month paints a ...
Libya’s political division is root cause of its economic crisis: Audit Bureau 2016 report
By Sami Zaptia. The Tripoli-based Audit Bureau says in its 2016 Annual Report that Libya's political division is the root cause ...
Libya’s revenues, oil production and foreign reserves down, deficit up: Audit Bureau 2016 Annual Report
By Sami Zaptia. The Tripoli-based Audit Bureau says in its 2016 Annual Report that Libya recorded its lowest state revenues ...
GNA reports 30 percent shortfall in Q1 state revenues
By Sami Zaptia. The Faiez Serraj GNA Ministry of Finance has revealed a 30 percent shortfall in state revenues for ...
Armed conflict and violence in Libya continue to impede socioeconomic development: UN report
By Sami Zaptia. London, 11 November 2016: The Arab Spring revolutions have cost the MENA region US$ 614 billion of ...
Audit Bureau 2015 report paints grim picture of Libyan economy
By Sami Zaptia. The Tripoli-based Audit Bureau Annual 2015 report makes for grim reading on the situation in Libya. London, ...
Latest CBL financial report shows continued cuts in spending
By Sami Zaptia. (Photo: Sami Zaptia). London, 21 December 2015: The Central Bank of Libya (CBL) has reported that it ...
Effective and decisive action must be taken to avoid danger: CBL
By Sami Zaptia. London, 21 December 2015: The Central Bank . . .of Libya (CBL) has reported that it has ...
Top Stories
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Direct flights from Tripoli to Rome to resume on Saturday
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Internal Security arrests NOC Chairman’s Office Manager for corruption in supply of medicines for Derna and its environs
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Qatar Civil Aviation to conduct Libyan airports inspection in October, signs MoU with Libyan counterpart
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Italian Cabinet gives green light for a state of emergency to intervene in Libya, allocates € 5 million
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Tripoli Minister of Health meets Russian ambassador, discusses localisation of healthcare
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.