AGP Executive Report
Last update: 37 minutes agoOil Revenue Dispute: Libya’s National Oil Corporation says it transferred about $1.23 billion to the Libyan Foreign Bank by October 13, while the Central Bank reported receiving only $361 million. The NOC also accuses the bank of withholding approved budgets, raising fresh questions over revenue accounting and oil-sector funding. Exchange-Rate Surcharge: House Speaker Al-Saleheen Abdel-Nabi urged the Central Bank to end the foreign-exchange surcharge, arguing the legal authority for it expired in 2024. Flood Accountability: Tripoli’s Housing Minister has ordered a technical investigation into Tuesday’s deadly flooding, promised compensation for affected residents and businesses, and pledged to name failed roads and responsible contractors. Political Roadmap: UN envoy Hanna Tetteh says a 4+4 agreement could pave the way for elections within 24 months, while warning against obstruction; China and Russia have also called for an inclusive, UN-supported settlement. Export Ban: Libyan exporters want the government to reconsider its blanket ban, warning it threatens producers and existing foreign-market contracts.
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