Libya managed to reduce its budget deficit in 2017 thanks to a sharp rise in oil revenues totaling $14 billion, the Libyan Central Bank said. The exponential increase in oil revenues up from $4.8 billion in 2016 is still much below the $50 billion registered in Libya before the fall of Gaddafi’s rule. The Central […]
The head of Libya’s oil ministry Abdelbari al-Arusi is planning to set up two separate institutions which will be responsible for the exploration and production activities on one hand and the other will be taking care of the refinery but they will all be under the ministry. According to reports, Benghazi will host the body […]
King Mohammed VI chaired, at the Royal Palace in Rabat on Sunday, October 19, a Council of Ministers devoted, among other things, to examining the general guidelines of the draft finance bill for the year 2026 and the reform of electoral laws, the Royal Office said in a statement. Territorial development, the 2026 Finance Bill […]
