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

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

Eurasia Review

Published

Libya is currently facing a shortage of money in banks, causing concern among citizens who are experiencing delayed salaries and the increasing price of the dollar compared to the dinar.

The economic crisis was triggered by armed clashes in the city as armed militias fought for control over a strategic port. This resulted in...

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