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Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oil in 2025

Summary by Libya Herald
The Tripoli based Ministry of Economy and Trade announced yesterday that it had requested that the Central Bank of Libya (CBL) suspend 85 import companies for failing to import any cooking oil with the US$ 130 million worth of letters of credit they were granted in 2025 – The Economy Ministry has instructed the Commercial […] The post Economy Ministry requests CBL suspends US$ 130 million LCs for 85 companies for failing to import any cooking oi…
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Libya Herald broke the news in Tripoli, Libya on Tuesday, February 3, 2026.
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