Libya’s Founding Committee of Small Suppliers has called for a review and temporary suspension of recently announced tax and fee measures, warning of potential negative repercussions on the domestic market. In a statement, the committee urged authorities to reassess monetary policy decisions and ad»»»

Libya’s House of Representatives has published a law authorising the settlement of public debt accumulated up to 2025, estimated at 303.4 billion Libyan dinars, prompting political and public debate over its potential economic impact. Under the law, the debt would be serviced through a mechanism al»»»

Yesterday’s by the House of Representatives of a law authorizing the settlement of Libya’s public debt up to 2025 —estimated at 303.4 billion Libyan dinars—has sparked political and public debate. The debt is to be repaid by the Central Bank of Libya deducting 3 percent from state revenues. Several»»»

The Central Bank of Libya (CBL) published the numbers of the expenditure of state institutions for the first six months of 2024, saying that the House of Representatives and its affiliated bodies spent 496 million, the Presidential Council 230 million and the Government of National Unity 1 billion »»»