The Ministry of Finance signed today, Thursday, an amendment to the agreement to extend financing loans granted by the German Development Bank (KFW) for a number of development projects, where the amendment was signed between the Minister of Finance, Taif Sami Muhammad, and the bank's representative in Iraq. According to a statement by the Ministry of Finance: The new amendment stipulates extending the disbursement period for projects financed by loans, as follows: ? Extending the loan agreement for the rehabilitation of infrastructure to provide electricity in the liberated areas (phase three) in the amount of 140 million euros until 15/1/2027. ? Extending the loan agreement for the rehabilitation of infrastructure for roads, bridges, water and sanitation in the amount of 90 million euros until 31/12/2026. Source: National Iraqi News Agency
House of Representatives Appoints New Central Bank Governor
November 2, 2026
Sabha:The House of Representatives has voted to accept the resignation of the former governor and appointed Dr. Fawzi Abu Khuzam as the new Governor of the Central Bank of Libya.
According to Libyan News Agency, the decision was made during a sessio…