Tripoli Chamber of Commerce called yesterday on all its members to attend an urgent meeting to be held today at its Tripoli headquarters to discuss Libya’s spiralling economic crisis. Specifically, Tripoli Chamber said the meeting is to discuss ‘‘the recent decisions of the Central Bank of Libya (CBL), including the imposition of a tax on imported goods and its impact on rising prices and the resulting catastrophic devaluation of the Libyan dinar’’. The leadership of parliament (the House of Representatives – HoR), without a discussion or vote by HoR members, has also colluded with the CBL Governor to attempt to force through new import taxes recently. This move was rejected by 107 HoR members, the High State Council and the Aldabaiba-led Tripoli based Libyan government. The HSC has proposed an economic reform package.

Source: Libya Today February 26, 2026 11:50 UTC