Libya may sit on Africa's biggest oil reserves, but many families are struggling with rapidly rising consumer prices as the festive Muslim holy month of Ramadan nears. The prices of basic foodstuffs such as pasta, rice, sugar and flour, previously largely subsidized, are now indexed to the level of the dollar on the parallel market. Meanwhile, recent months also saw delays in the payment of state salaries for Libya's 2.3 million civil servants and in pension payments.
Libya’s Ministry of Interior reported Wednesday that Tunisian authorities have arrested two suspects linked to the assassination attempt on
According to reporting by Reuters unofficial Libyan banknotes have been exchanged for real dollars and have subsequently contributed to the
Unofficial Libyan banknotes, some reportedly printed by Russia and within Libya, are being exchanged for U.S. dollars, contributing to
The acting Foreign Minister of the Libyan Government of National Unity, Al-Taher Al-Baour, has revealed his government's intention
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