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Local News: Economic News

Libyan Coast Guard and Port Security Authority warns all foreign ships against fishing or entering the Libyan protected fishing zone.

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Tripoli, 9 May , 2021 (Lana) - The Libyan Coast Guard and Port Security Authority warned all foreign ships from fishing or entering the protected Libyan fishing zone, stressing that no foreign ship have the right to access or fish in it.The warning came in a statement issued on the website of the Naval Staff Command's spokesman, following the accident that a crew member of an Italian fishing vessel was injured last Thursday, in the aforementioned protected Libyan fishing. ... Read more

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National Oil Corporation reveals revenues for February 2021.

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Tripoli, 15 March, 2021 (Lana) - The National Oil Corporation announced that the general revenue from sales of crude oil and its derivatives in February of 2021 recorded a level of $ 1,235,710,353.98. The Foundation clarified in a statement on its website that the revenues were deposited into the foundation's account at the Libyan Foreign Bank in Tripoli, in line with the temporary arrangements in place, which ended with the formation of the government of national unity, which won the confidence.... Read more

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Tax Authority discuss with USAID officials ways to develop the Authority.

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Tripoli, 10 March, 2021 (Lana) - The Director General of the Tax Authority, Dr. Khaled Al-Nakhhat, held a virtual meeting with USAID officials, and the directors of the Pragma Organization, in the presence of the economic attaché at the US embassy in Libya, Patricia Morales.The authority said in a statement on its official Facebook page that the meeting - which was attended by the directors of the department's planning and finance departments - dealt with setting up a mechanism to add an... Read more

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Libyan Customs Authority calls on heads of maritime customs centers to work with the advance information system (ECTN).

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Tripoli, 10 March, 2021 (Lana) - The Libyan Customs Authority has called on heads of maritime customs centers to implement the advance information system, the tracking system (ECTN). In a circular it issued and published on its official Facebook page, the authority emphasized the need to adhere to this decision.The Customs Authority stressed in its circulation to all members of the Prior Information Operations Room to take notes on the shipping agency and the maritime carrier who are not... Read more

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Ministry of Finance: Pay increase of 20% has been postponed until budget is approved.

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Tripoli, 17 February, 2021 (Lana) - The Ministry of Finance of the Government of National Accord confirmed that the Presidential Council decided to postpone the payment of the salary increase of public administrative units by 20%, according to the ministry's statement.  The Ministry stated in its statement Wednesday, that the Presidential Council decided to postpone the payment of the increase determined according to its Resolution No. 15/ 2020 regarding a 20% increase of... Read more

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