Economy
đź“Š Insights on Libya’s markets, trade, and financial policies – tracking shifts that shape business and daily life in the country.Â
Ta3een System in Libya: How Patronage Appointments Inflate the Public Sector
In Libya, the concept of “ta3een” (تعيين), loosely translated as “appointment,” has become emblematic of a deeply entrenched system within...
Libya’s Foreign Currency Crunch: Central Bank Flags $3B Monthly Deficit
At a November 2025 banking conference in Tripoli, Central Bank Governor Naji Issa issued a stark warning about Libya’s fiscal...
Libya–Business France MoU Focuses on Investment for Reconstruction
The Élysée Palace in Paris on November 19, 2025 hosted the signing of a Memorandum of Understanding between Libya’s National...
Libya–World Bank Economic Reform Talks Aim to Attract Investment
In Washington last week, a Libyan government delegation met with World Bank officials to shape next year’s annual work plan...
Bouri Gas Field Development in Libya Advances with New Italian Contracts
The offshore platform at Libya’s Bouri field is being overhauled to capture natural gas that was once flared as waste....
Inside Libya’s Food Security Crisis: Why a Nation of Oil Still Struggles to Eat
Libya, blessed with oil but short on arable land and political coherence, can feed only a fraction of its population....
The Jumhouria Bank Verdict That’s Rocking Libya’s Banking Sector
When a Tripoli court sentenced employees of Jumhouria Bank to prison last month for embezzling more than 8.25 million Libyan...
Libya-Turkey Trade Forum in Benghazi Aims to Boost Non-Oil Cooperation
BENGHAZI, Libya – The Benghazi Chamber of Commerce announced that it will host a Libyan-Turkish Forum for the Children’s and...
Libya Central Bank Cash Crunch: Printing New Dinars to Ease Liquidity Strain
Tripoli’s Central Bank, like others across Libya, is racing to ease a long-standing cash crunch. In mid-October the central bank...
Libya Afreximbank Membership: Unlocking Regional Finance for a Fragile Economy
When Libya formally joined the African Export-Import Bank earlier this year, policymakers hailed the move as a step toward unlocking...
