The Supreme Council’s Economic Follow-up Committee, on Wednesday, discussed with the Director of the Office of the Governor of the Central Bank of Libya, Abdel Latif El-Tunisi, the results of the imposition of fees on the sale of foreign exchange compared to what was planned in the issuance of those …
Read More »British ambassador to Libya Peter Millett: Libyans are only ones who can have a say in choosing the governor of the Central Bank of Libya
On Wednesday, British ambassador to Libya, Peter Millett, said that Libyans are only ones who can have a say in choosing the governor of the Central Bank of Libya; expressing Britain’s readiness to work with those who “agreed to the choice without compromising the political agreement.” #Libya #News #ArraedLG …
Read More »The House of Representatives elect Mohammed Al-Shukri as governor of the Central Bank and decision is met with resistance
In a meeting on Tuesday the House of Representatives announced the appointment of Mohammed Al-Shukri as the new governor of the Central Bank of Tripoli. Al-Shukri received 54 votes in a session with quorum. Mansour Al-Hasadi, a member of the Supreme Council of the State, told Arraed LG that the …
Read More »House of Representatives: The next session will be to choose a new Governor for the Central Bank of Libya
The House of Representatives announced during Tuesday’s session that next week’s session will be for the election of a new governor for the Central Bank of Libya in Tripoli. HoR spokesperson, Abdullah Balikh, confirmed that the house of representatives authorized its chairman Aguila Saleh to form a committee to amend …
Read More »Central Bank of Libya discusses the unification of the budget for 2018 with the Audit Bureau and the National Oil Corporation
Representatives of the Central Bank of Libya, as well as its parallel bank in Al-Bayda, the National Oil Corporation and the Audit Bureau are discussing ways to unify the state budget for next year and adjusting the exchange rate. During their meeting in Tunis on Sunday, the bank and the …
Read More »The Governor of the Central Bank of Libya Al-Sadiq Al-Kabir talks about the economic situation with the ambassadors of Germany and Britain in Libya
On Sunday, the governor of the Central Bank of Libya, Al-Sadiq Al-Kabir, discussed with the British ambassador Peter Millett and German Ambassador Christian Bock the economic situation in Libya. Millet confirmed Britain’s support for the efforts of the Central Bank of Libya. He also called for the implementation of the …
Read More »French court to lift the freezing of $ 100 million for the Central Bank
The Court of Nanterre in France has ruled in favor of the Central Bank of Libya to lift the freezing imposed by the Kuwaiti company Kharafi on the amount of $ 100 million for the Central Bank. The Central Bank of Libya said on its official page on Wednesday that …
Read More »The head of the Audit Bureau Khaled Shakshak accused the head of the Finance Committee of the House of Representatives of being involved with money-smuggling companies
On Tuesday the head of the Audit Bureau, Khaled Shakshak, accused the head of the Finance Committee in the House of Representatives, Omar Tantoush, of being involved with companies proven to commit crimes of money smuggling abroad and he accused him of working with the Governor of the Central Bank …
Read More »U.S. Treasury Secretary Steven Mnuchin calls for the reform of Libya’s financial system
During a meeting with the President of the Presidential Council Fayez Al-Sarraj in Washington, U.S. Treasury Secretary Steven Mnuchin expressed his regret over the economic “suffering” of Libyans. According to the official page of the GNA Mnuchin stressed the need for reforms of the banking and financial systems in Libya. …
Read More »Fayez Al-Sarraj restructures the Board of Trustees for the Economic and Social Development Fund
In a meeting of the Board of Trustees for the Economic and Social Development Fund on Tuesday, President Fayez Al-Sarraj decided to restructure the fund. According to the Government of National Accord media department, it was agreed that Al-Sarraj is to become the Chairman of the Board of Trustees. Its …
Read More »Fayez Al-Sarraj calls for the unification of the Central Bank of Libya
In a statement on Wednesday, the President of the Presidential Council, Fayez Al-Sarraj, called Sadiq Al-Kabir, the Governor of the Central Bank of Libya and, Ali Al-Hibri, the Governor for the Central Bank in Bayda, to an urgent meeting next week, under the supervision of the Presidential Council; in order …
Read More »The Governor of the Central Bank of #Libya Sadiq Al-Kabir discusses the financial situation with the #US Deputy Assistant of the State Department
On Thursday, the Central Bank of Libya (CBL) stated that its’ Governor, Sadiq Al-Kabir, discussed conditions in the banking and financial sector in Libya with the US Deputy Assistant of the State Department. The bank released a statement on its official website saying that the meeting discussed ways to develop …
Read More »Rival Central Bank in East To Issue Separate Banknotes Made in Russia
(Author: Libyan Gazette Editorial Staff) Central Bank of Libya in Bayda reveals new banknotes A central bank, created by the eastern government, based in the city of Bayda announced on Wednesday that it would be printing new banknotes from Russia separate from the internationally recognized Central Bank in Tripoli. The …
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