Customs Dollar rate used for calculating duties on imported goods reduced from LD 4.80 to LD 2.12 per dollar
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The Libyan Ministry of Finance in Tripoli issued a directive on November 3 to suspend Resolution No. (160). This action reduces the customs dollar rate used for calculating import duties. The rate dropped from LD 4.80 to LD 2.12 per dollar.
The Tripoli based Libyan Ministry of Finance issued an official directive last Tuesday (3 November) to suspend the provisions of Resolution No. (160)...