Economist Muhammad Abu Sneineh wrote an article about economists and analysts’ readings of the 2023 harvest, and his 2024 expectations for Libya, where he said: The important question here is when does the fiscal year have meaning so that readings can be based on it?If the state works and spends without a general budget prepared … Read more
Sada Al-Iqtisadiah newspaper has exclusively obtained the correspondence of the Minister of Oil and Gas, “Mohammed Aoun,” which he addressed to the National Oil Corporation regarding the halt of production at the Sinaon Nc100 field and the Tahara Nc4 field. During which he stated that such procedures raise doubts about the credibility and integrity of … Read more
Sada Economic newspaper obtained exclusively the House of Representatives’ decision to form a committee to develop a vision for restructuring the state’s general budget, headed by “Omar Tantoush” and membership of the Central Bank of Libya and the Ministry of Finance. The committee formed according to the plan shall develop a vision for the restructuring … Read more
The Central Bank of Libya revealed in its statement issued today, Sunday, regarding revenues and spending, that total government spending during the year 2023 amounted to 125.7 billion dinars, while the value of state revenues during the same year reached 125.9 billion dinars, meaning there is a surplus of 200 million dinars. The Central Bank … Read more
The Central Bank of Libya confirmed that the statement it published on revenues and expenditures, which covers the period from January 1, 2023 to December 31 of the same year, and within the framework of the bank’s strategy to achieve the highest rates of disclosure and transparency in response to local and international demands, and … Read more
Middle East: Khaled MahmoudIn a new escalation of disputes with the Libyan unity government, headed by Abdul Hamid Al-Dabaiba, the Libyan House of Representatives voted to allocate half a billion Libyan dinars as a budget for the reconstruction of damaged cities in the western region. It also approved “a law to punish the practice of … Read more
MEO – Russia forms an official military force in Africa, starting from Libya, under the name “African Legion,” to replace Wagner’s mercenaries in a program that reflects Russia’s endeavor to expand its military influence on the African continent, and grant it the legitimacy of its official and public presence in the face of the European … Read more
Libya News 24 | Follow-ups The president of the Jeddah Ittihad Club, Anmar Al-Haili, stated that the Saudi Professional League, which is responsible for the recruitment program, did not respond to all of the team’s demands, in terms of contracting with players last summer. Anmar Al-Haili revealed that the Jeddah Football Club wanted to sign … Read more
