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 ...
Tag: deficit
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 ...
Libya will not go bankrupt if reforms and austerity implemented: CBL Governor Hibri
By Libya Herald reporter. Beida-based CBL Governor, Ali Salem Hibri does not think Libya will go bankrupt if it implements reforms (Archive ...
CBL reveals decreased spending, hard currency depletion and Q3 2015 deficit
By Sami Zaptia. The CBL reveals decreases in state spending, state-salaries, subsidies, deficit and hard currency depletion in the Q3 ...
CBL reveals state revenues and spending up to 31 July 2015, warns of need to increase oil exports
By Libya Herald reporter. Malta, 31 August 2015: The Tripoli-based . . .Central Bank of Libya (CBL) released figures for ...
HoR passes LD 41 bn 2015 budget
By Libya Herald reporter. Tunis, 23 June 2014: The House of Representatives . . .(HoR) today passed the 2015 budget. ...
Top Stories
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Benina airport receives Dubai Civil Aviation Authority and Flydubai – in preparation of resumption of direct flights
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Libya’s Western and Eastern administrations agree a unified budget
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Austria’s Desert Greener explores localisation of its advanced water desalination technology with Municipality of Tripoli Centre
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Undersecretary of Defence Zoubi effuses about the forthcoming Flintlock military exercises in Sirte as a sign of progress in Libya’s unification
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MedSky CEO foretells the resumption of direct Tripoli-London flights as an imperative on several levels
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.