The official dollar exchange rate cannot be reduced as long as government spending exceeds revenues: Businessman Husni Bey
Every year, in and around the fasting month of Ramadan (which started on 1 March), the subject of the low ...
Tag: inflation
Aldabaiba rejects and hits back at El-Kaber and Saleh’s attempts to introduce 27 percent FX tax
In a speech broadcast last night on state controlled Libyan TV, Tripoli based Libyan Prime Minister Abd Alhamid Aldabaiba said ...
Rising Libyan food prices on the eve of Ramadan: caused by Ukraine war and other external factors or simple profiteering?
Libyan consumers have been complaining about the sudden food price rises upon the outbreak of the Russian-Ukrainian war. Within days ...
Libya’s total 2019 state revenues up on budget estimates
By Sami Zaptia. (Logo: Tripoli CBL). London, 15 January 2020: Libya’s 2019 state revenues were up on budget estimates for ...
Libya’s oil revenues up LD 4.14 bn to end November, total spending down
By Sami Zaptia. (Logo: Tripoli CBL). London, 10 December 2019: Libya’s oil revenues were up by LD 4.14 bn from ...
Libya’s oil revenues up by LD 3.8 bn on projections up to 31 October, CBL bullish on economic outlook
By Sami Zaptia. (Logo: Tripoli CBL). London, 8 November 2019: In its latest bullish report, Libya’s Tripoli-based Central Bank of ...
Libyan dinar gains value as economic reforms take effect
By Sami Zaptia. The Libyan dinar has gained sharply in value against hard currencies as a result of the Faiez ...
Libyan dinar continues to lose value and prices continue to rise: Report
By Sami Zaptia. A report by REACH says that food prices in Libya have continued to rise since June this ...
Libyan food prices increased by 11 percent since June: a report
By Sami Zaptia. A report by REACH says that food prices in Libya have been rising since June(Photo: REACH.) London, ...
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 ...
Top Stories
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Central Bank of Libya permits issuance of certificates of deposit
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CBL orders Libyan banks to hold a minimum 35 percent mandatory cash reserves
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UK improves travel advice to Tripoli, Misrata and Benghazi
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Libya Reconstruction Fund signs contracts
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Italy’s Eli-Fly establishes presence in Misrata Free Zone to revitalise its helicopter services operations in Libya
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.