Economic Crisis Grips Libya: Delayed Salaries, Declining Exchange Rate, And Financial Strain – OpEd - News Summed Up

Economic Crisis Grips Libya: Delayed Salaries, Declining Exchange Rate, And Financial Strain – OpEd


Libya is currently facing various economic challenges that are causing difficulties for its citizens. This directly affects their purchasing power, making their financial situation even more challenging. This economic downturn is limiting citizens’ access to cash and adding to the financial challenges they are already facing. Given these economic challenges, Libyans are uncertain about their financial future and their ability to afford basic necessities. There are three basic indicators related to the economic situation in the Libyan market.


Source: Libya Today March 10, 2024 00:07 UTC



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