Tripoli Finance Minister says Tripoli CBL is using monetary policy incorrectly
By Sami Zaptia. Libya's internationally recognized Finance Minister has blamed the Tripoli CBL for its poor monetary policy (Photo: Archive ...
Tag: LCs letters of credit
Serraj Ministry of Finance calls for more hard currency for small business to negate black market
By Sami Zaptia. The Serraj Ministry of Finance has called for more currency to be made available for small business ...
CBL to investigate companies suspected of smuggling hard currency through LCs
By Sami Zaptia. (Logo: Tripoli CBL). London, 21 May 2018: The Governor of the Tripoli-based Central Bank of Libya (CBL), ...
CBL blames Ramadan food shortages and price rises on Audit Bureau intervention
By Sami Zaptia. (Logo: Tripoli CBL). London, 17 May 2018: In its ongoing tit-for-tat political power struggle with the Presidency ...
Audit Bureau and Attorney General’s Office to investigate delayed LCs, high commodity prices and high foreign exchange rates
By Sami Zaptia. The Audit Bureau and Attorney General's Office are to investigate the delay and opening of LCs. Lugano, ...
Audit Bureau calls on PC to freeze its decision to approve $ 1.5 bn worth of imports by CAD
By Sami Zaptia. London, 29 March 2018: The Tripoli-based Audit Bureau has called upon the Faiez Serraj-led Presidency Council (PC) ...
Diversion of state funds and financing of armed groups: UN Libya Experts Panel report
By Sami Zaptia: The UN Libya Experts Panel report. London, 9 March 2018: On the topic of the diversion of ...
CBL bullish about economic improvements, pledges to continue favourable policies
By Sami Zaptia. (Logo: Tripoli CBL). London, 5 February 2018: The Tripoli-based Central Bank of Libya (CBL) has said that ...
Audit Bureau refers those behind 40 empty container hard currency fraud case
By Sami Zaptia. The Audit Bureau has made some revelations about the 40-container hard currency LC fraud case (Photo: Audit ...
40 containers in US$ 8 million LC fraud discovered at Benghazi port
By Sami Zaptia. 40 containers were discovered at Benghazi port with underpriced goods as part of an LC fraud (LANA). ...
Top Stories
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Judgment in favour of Libyan state against Turkish company ‘Itrak’ in US$ 21.3 million case
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CBL holds first complete board meeting after ousting of former Governor El-Kaber
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ITA confirms direct flights between Rome and Tripoli starting on 12 January 2025
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The first NOC forum with private sector companies will be held in Tunis on 23 November
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The Libyan Company for Foreign Investments’ Hotel Development Company official detained for € 37 million contract fraud
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.