Govt Spent $30bn on Fuel Subsidies
The Libyan Audit Bureau has stated that Libya has spent $30 billion in the last five years on fuel subsidies. ...
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Saturday, October 5, 2024
Tag: subsidies
Cental Bank Allocates $3.4bn to GNA
By Adam Nathan. The Central Bank of Libya (CBL) has deposited LD 4.8 billion ($3.4 billion) to the Presidency Council ...
Central Bank to Abolish Subsidies
The Central Bank of Libya (CBL) has agreed to remove direct subsidies on fuel, foodstuffs and medicines, according to a ...
New Smart Cards to Cut Fuel Subsidies
Reuters reports that Libya plans to introduce a smart card system to limit the costly subsidies its citizens enjoy when ...
Libyan Plan to End Fuel Subsidies
Libyan Minister of Oil and Gas, Dr. Abdulbari Alarusi (pictured), has said that Libya plans to do away with all ...