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 ...
Tag: inflation
Meat protests in Tobruk
By Olfa Andolsi. Consumers are being kebabbed over meat prices (Photo: Social media) Tunis, 1 April 2017: The sharp rise ...
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). ...
Libyan dinar continues to crash as it breaks 5-dinar mark against the dollar
By Sami Zaptia. The Libyan dinar has continued to nosedive on the black market reaching LD 5.30 against the US ...
CBL increases foreign currency amount for LCs to 10 percent of its annual budget
By Sami Zaptia. CBL Tripoli is increasing the amount of hard currency available for priority LCs from 5 to 10 ...
CBL to open LCs as black market dollar peaks at LD 4.50 today
By Sami Zaptia A rare sighting of Tripoli's CBL Governor Saddek Elkaber in the capital at the Audit Bureau meeting today. Elkaber, ...
CBL denies printing LD 10 bn new banknotes to fight cash shortage
By Sami Zaptia. No new bank notes to be printed says CBL (file photo) London, 7 March 2016: The Central ...
Inflation hitting Libyans hard as prices rise: Libya Herald price survey
By Sami Zaptia and Saber Ayyub The price of Italian Nutella chocolate spread has doubled (Photo: Libya Herald). London and ...
CBL Beida assures of resolving cash shortage soon
By Sami Zaptia. The Beida-based CBL assures that the cash shortage in the east will be resolved soon (Photo: CBL ...
Libya’s import ban ”short termist, inflationary, encourages blackmarketeering”: Husni Bey
By Libya Herald editor. Tunis, 23 May 2015: Leading Libyan businessman Husni Bey condemned the move by the Tripoli-based authorities' ...
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As the Libyan diner plunges in value above the LD 8 per US$ – CBL reveals causes and planned countermeasures
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.