Serraj PC/GNA sets 2017 US$ 10.6 bn import budget

By Sami Zaptia.

London, 27 April 2017:

The Faiez Serraj-led Presidency Council / Government of National Accord (PC/GNA) passed a decree this week allocating US$ 10.6 bn for Libya’s total 2017 import budget.

The hard currency budget would be sold to the importer at the official Central Bank of Libya foreign exchange rate of LD 1.4 to the dollar. The budget is for both finished products and raw materials and equipment for production and industry.

The private sector is allocated the lion’s share of the import budget of US$ 6.7 . . .

This article is only available to subscribers. Please login or subscribe.