PRIMA

Libya’s central bank reports January-February revenue and expenditure figures amid economic challenges

Libya’s Central Bank has published its financial report for the first two months of 2025, revealing total revenues of 18.256 billion dinars and expenditures exceeding 8.4 billion dinars. The primary source of revenue for the period from January 1 to February 28 was oil sales, which generated 14 billion dinars. Additional income came from oil […]

Libya Devalues Dinar by 14.7% Amid Falling Oil Revenues and Fiscal Strain

Libya’s central bank devalued the dinar by 14.7%, citing declining oil revenues and mounting economic pressures. The decision followed deliberations at the bank’s first board meeting of 2026, held last week, and was based on recommendations from the Monetary Policy Committee. Following the adjustment, the exchange rate was set at 0.1150 Special Drawing Rights (SDR) […]

Morocco : Towards a Cabinet Reshuffle or Early Election ?

After almost two months of shilly shallying, the ministers from the Istiqlal Party, the main component of the coalition government, led by the Islamist Party for Justice and Development (PJD), have handed in their resignation to the head of government on Tuesday. The resignation may pave the way to ending the political crisis either through […]