Latest news with #CBL


Libya Observer
12 hours ago
- Business
- Libya Observer
Weekly News Roundup: Friday, June 20, 2025
Libya's Foreign Ministry protests Greek bid round for hydrocarbon exploration south of Crete Mufti: Berlin Conference is a deception by Libya's enemies UN envoy: Hate speech threatens Libya's unity and stability Over 4,000 displaced in Sudan, nearly 1,000 flee to Libya amid border clashes National Center for Emergency, Crisis, and Disaster Management warns of increasing desertification Aqilah Saleh discusses controversial 69 billion budget with Belqasim Haftar 158 migrants deported from Libya to Bangladesh with IOM support Orlando discusses with CBL Governor the need to contain inflation amid rising public spending Tunisian MPs urge reactivation of free trade zones with Libya Libya and Turkey discuss boosting oil and gas cooperation Summer heritage festival opens in Hun's Al-Qusayr district Al-Trabelsi: Overlapping jurisdictions have negatively impacted Interior Ministry's work in recent years Dbeibeh vows compensation for Abu Salim victims, launches key projects Italy sees rise in migration amid renewed Libya tensions HNEC urges submission of endorsements for municipal candidates Kufra sees surge in scorpion stings, health officials warn CBL, NOC hold talks to boost oil sector Electronic Payment Forum conducts scientific session on cybersecurity and data protection Libyan football league's championship round to be held in Italy for 2nd year in a row Audit Bureau reviews anti-corruption, public funds protection with UN Mission Review Team IOM: 6 immigrants dead, 60 missing in the Mediterranean within a week Sumood Convoy says 7 detained activists are released, hoping for return of the rest Tourist Police, Antiquities Department hold talks to boost heritage protection China eyes stronger economic role in post-conflict Libya Libya and Iran review regional tensions Saleh, Greek ambassador discuss path to ending political crisis 12 illegal migrants detained in Derna, one diagnosed with HIV Libya and United Nations discuss strengthening cooperation Ministry of Health participates in MENA Region 'One Health' Conference in Tunisia Tourist Police, Antiquities Department hold talks to boost heritage protection Ministry of Health participates in MENA Region 'One Health' Conference in Tunisia PC Deputy Heads: Interference by Libyan parties complicates chances for national consensus First group of Libyan pilgrims returns from Hajj Libya urges citizens in Iran to exercise caution UNSMIL launches country-wide youth consultations on political process House of Representatives rejects Libya's inclusion on US travel ban list -Sumood Convoy gives up drive to Gaza border and calls on Haftar's forces to release detainees Menfi warns of economic crisis, proposes to form state funds management authority -US surveillance aircraft monitor Libyan coast Libyan forces intercept 93 migrants UNSMIL calls on Libyans to share their opinions on crisis resolution proposals via online survey PC Vice President Al-Lafi discusses political developments with Italian ambassador Dabaiba praises Tuareg tribes for supporting national unity and stability NOC explores prospects with Germany's Everllence CBL Governor announces launching Libya's national financial inclusion strategy 2025-2029 After Haftar's forces tighten restrictions in Sirte; Sumood Convoy returns to Misrata Dbeibah presents his vision for Libya's political solution to UN evaluation delegation Hannibal Gaddafi on hunger strike to protest his continued detention Major fire controlled in farms in Bu Halima Village, Kufra Interior ministry holds high-level forum on security performance in Tripoli GNU vows to end armed factions and restore order 200,000 narcotic pills seized in Tobruk house Government agreement to return Libyan schools abroad to Ministry of Education Interior ministry holds high-level forum on security performance in Tripoli CBL launches e-payment forum to boost digital finance and banking reform Oil ministry attends key OPEC statistical meeting in Vienna Tags: news headlines


Libya Observer
4 days ago
- Business
- Libya Observer
CBL Governor announces launching Libya's national financial inclusion strategy 2025-2029
The Governor of the Central Bank of Libya (CBL), Naji Issa, announced the launching of the National Financial Inclusion Strategy for Libya 2025-2029, along with a number of transformational projects, during his speech at the opening of the first edition of the Electronic Payment Exhibition and Forum held at the Tripoli Fairgrounds. In his remarks, Issa emphasized that the National Financial Inclusion Strategy, prepared by the Central Bank with national expertise, represents a national, ethical, and professional commitment to all segments of society, according to a statement published by the Central Bank on its Facebook page. The Governor explained that the strategy aims to provide safe, affordable, and easily accessible financial services, while ensuring strict protection of personal data. He also announced the launch of several major accompanying projects that will pave the way for a modern digital economy that is more equitable and inclusive, while enhancing financial stability and development in Libya. Economy Tagged: Electronic Payment Forum


Libya Herald
5 days ago
- Business
- Libya Herald
CBL Governor Issa launches transformational financial projects, including National Strategy for Financial Inclusion
The Governor of the Central Bank of Libya, Naji Issa, announced the launch of the National Strategy for Financial Inclusion and several other transformational projects during the opening of the Electronic Payment Forum and Exhibition ''EPAIX'' 2025 yesterday. The forum is being held from 15 to 17 May at the Tripoli International Fairgrounds. During his opening speech at the forum the CBL Governor announced that the National Strategy for Financial Inclusion in Libya 2025-2029 represents a national, ethical and professional commitment towards all segments of society. The Governor stressed that the strategy, prepared by the Central Bank with national competencies, aims to provide secure, affordable, and easily accessible financial services, with strict protection of personal data. He also announced the launch of several accompanying major projects, most notably: • Financial inclusion accounts project targeting financially excluded groups • Banking data protection system to ensure the confidentiality and privacy of individuals' information • Supporting the digital transformation of the country by fully digitizing government payments • Localization of foreign exchange payment infrastructure under the supervision of the Central Bank • Preparing a legal and technical framework for working with digital and cryptocurrencies • Launch of the digital banking identity to facilitate electronic transactions • Providing internal financial transfers through a national platform without the need for a bank account. The Governor concluded his speech by stressing that these projects pave the way for a modern, fairer and more inclusive digital economy that enhances financial stability and development in Libya. Tags: CBL Central Bank of LibyaCBL Governor Naji Issae-payment e-payments


Irish Independent
5 days ago
- Politics
- Irish Independent
Wexford family with ‘profound medical needs' removed from choice-based letting system as council accused of lacking ‘humanity'
Explaining that the family in question had registered for WCC's choice-based letting (CBL) system which allows social-housing applicants to 'bid' on available properties, Cllr Dwyer said they had recently received an offer of housing from the council. 'There are three adults currently living in one house, two of them with profound medical needs,' began the New Ross councillor. 'They were offered a two-bedroom house via CBL, which was totally unsuitable given the medical needs of one of the adults; they didn't even bid on this house. But because they didn't accept the offer they've now been removed from CBL. This is shameful. 'They have medical reports which specify the need for a three-bed house and yet they've been arbitrarily moved and now can't bid on anything.' The independent councillor then went on to highlight two further cases which he felt had been handled poorly by the council's housing department. 'There's a person with a 10 per cent ownership of a derelict house, he's one of ten siblings. He has been refused access to WCC's housing list, instead he's been given access to Housing Assistance Payment (HAP) – offering that to a single person is nonsensical. The availability of HAP properties in Co Wexford is non-existent. That person should be allowed to go on the housing list.' The last case Cllr Dwyer wished to bring attention to involved WCC's policies regarding providing social houses for those with criminal convictions. 'We have a five-year disbarment policy for a criminal conviction,' he said. 'Now I'm someone who has argued that criminals should not be given council houses, however, there's an unforeseen but well-known fall-out from this. The children and partners of those who have been convicted of relatively minor offences are suffering; families are still barred from getting a council house because of €20 drug fines from 2019. 'Somebody needs to inject a little passion and humanity into housing. Ticking boxes is well and good but there are implications to these actions, there are hundreds and hundreds of children who are being punished for the sins of their father. And we call ourselves a Christian country.' Having listened to Cllr Dwyer's impassioned speech, chief executive Eddie Taaffe appeared a little nonplussed. 'I'm not sure there was a question there,' he remarked. 'There most certainly was,' replied the councillor. In response, Mr Taaffe advised Cllr Dwyer that there was a time and place to discuss sensitive cases. 'I'm not going to get into a debate here, and neither are the officials, on individual housing cases, that's now what this meeting is about,' he said. 'You're perfectly entitled to make an appointment with the housing team and come into us where we can go through the details of these cases privately. The council chamber is not the place for this. We're not going to get into the intricacies of individual cases here.' 'I'm asking you to clarify WCC policy and answer why a family of three with profound medical needs would be offered a two-bedroom house they didn't apply for?' asked Cllr Dwyer., 'That is not policy, it's an individual case. We're happy to discuss it in private,' continued Mr Taaffe. Growing increasingly frustrated, Cllr Dwyer reminded the chief executive that he had been through the rigours of a local election to gain a seat in the council chamber. 'I don't appreciate being lectured and being told what questions I can and can't ask, you do not go for election, I do.' With Cllr Dwyer accusing Mr Taaffe of silencing his own staff, director of housing Carolyne Godkin interjected on her own behalf. 'I'm not familiar with the case but I'm happy to look at it,' she said of the case involving the family with medical needs. 'With convictions, they may not have been actually convicted until two years later, our policy is where someone is convicted of a crime, and a crime which does impact the community, that does impact whether they get a house or not. 'If somebody is convicted of a drug offence they can't apply for a house until at least five years after their conviction, and in my view that's the right policy. During Covid-19 there was a pause on convictions and we were taking it on a case-by-case basis for individuals who would have been substantially penalised, there was a delay in court cases so we had to take that into account. But this is not appropriate to discuss in the public forum, this is someone's life we're talking about.'


Libya Review
5 days ago
- Business
- Libya Review
Libya Launches First E-Payment Forum to Boost Digital Finance
Central Bank of Libya (CBL) Governor Naji Issa inaugurated the first edition of the Electronic Payment Exhibition and Forum on Sunday in Tripoli. The event, hosted at the Tripoli International Fairgrounds, is organised by the General Authority for Exhibitions and Conferences and features participation from leading commercial banks and e-payment companies. In his opening speech, the CBL Governor highlighted that the forum reflects the Central Bank's commitment to advancing digital transformation and broadening financial inclusion in Libya. He emphasised the importance of developing digital banking infrastructure and adopting modern electronic payment technologies. Governor Issa announced the launch of a series of banking reform initiatives aimed at enhancing financial services. These include streamlining payment and transfer procedures, strengthening oversight of payment systems, and promoting innovation in financial technology. He also underscored the Central Bank's support for the expansion of e-wallets and point-of-sale (POS) systems across the country. Following the ceremony, the Governor toured the exhibition halls alongside Issam Al-Aoul, head of the General Authority for Exhibitions and Conferences. They visited various stands showcasing the latest technologies in digital banking and e-payments, receiving detailed briefings from company representatives. The event will run until 17 June and features three days of panel discussions, workshops, and technical presentations. Experts, academics, and representatives from major national financial institutions are scheduled to participate. Libyan fintech companies are also presenting their innovations in digital finance and e-payment solutions. The forum is seen as a key step in Libya's efforts to modernise its banking sector and foster a tech-driven economy. Tags: cblCentral BankE-Paymenteconomylibya