Op-Ed: Government over-spending to lead to economic and political stability or bankruptcy and a devalued dinar?
Tripoli based Libyan Prime Minister, Abdel Hamid Aldabaiba, issued Circular No. (2) of 2025, today which included ‘‘a set of ...
Tag: spending
Opinion: Libya’s 2013 general budget and future challenges
By Khaled Ali Elmariami. The 2013 Libyan budget. What size will it be? (Photo:Sami Zaptia). Tripoli, 3 February 2013: The ...
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Op-Ed: Reputational Damage Is Worse Than Losing Money
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All imports into Libya must be paid for through official bank transactions
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A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL
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CBL demands imports are conducted through official banking instruments and the elimination of the FX black market
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Libya’s economy showed recovery in 2024, remained resilient despite reliance on hydrocarbons and ongoing political and security instability: World Bank
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.