Latest news with #LYD
Libya Review
09-05-2025
- Business
- Libya Review
1.2 Billion Libyan Dinars Spent on Salaries & Operating Costs
The Central Bank of Libya has revealed that over 1.2 billion Libyan dinars were allocated to legislative and executive institutions during the first four months of 2025. According to a detailed statement published by the bank, a total of 1,203,902,064 LYD was disbursed under Chapter One (salaries) and Chapter Two (operational expenses). The spending covered various executive and legislative bodies, including the outgoing Government of National Unity (GNU), the Presidential Council, the House of Representatives, and the High Council of State. The report shows that the outgoing GNU received 44.83 million LYD, while its affiliated bodies were allocated 580.16 million LYD, bringing the total to 624.99 million LYD. The Presidential Council was allocated 3.73 million LYD, while 210.13 million LYD went to its affiliated institutions, totalling 213.86 million LYD. The House of Representatives received 25.07 million LYD, and its subordinate institutions were allocated 328.05 million LYD, with a combined total of 353.12 million LYD. Meanwhile, the High Council of State was allocated 11.93 million LYD during the same period. These figures come amid ongoing concerns over public spending transparency and budgetary oversight in Libya, particularly as competing administrations and political bodies continue to draw from state funds despite the lack of unified governance. Libya has been in chaos since a NATO-backed uprising toppled longtime leader Muammar Gaddafi in 2011. The county has for years been split between rival administrations. Libya's economy, heavily reliant on oil, has suffered due to the ongoing conflict. The instability has led to fluctuations in oil production and prices, impacting the global oil market and Libya's economy. The conflict has led to a significant humanitarian crisis in Libya, with thousands of people killed, and many more displaced. Migrants and refugees using Libya as a transit point to Europe have also faced dire conditions. The planned elections for December 2021 were delayed due to disagreements over election laws and the eligibility of certain candidates. This delay has raised concerns about the feasibility of a peaceful political transition. Despite the ceasefire, security remains a significant concern with sporadic fighting and the presence of mercenaries and foreign fighters. The unification of the military and the removal of foreign forces are crucial challenges. Tags: cblGNUHCSlibyaLibyan parliament
Broadcast Pro
10-03-2025
- Entertainment
- Broadcast Pro
Palestinian documentary ‘LYD' to screen in Berlin
The Palestinian documentary LYD by filmmakers Rami Younis, a Palestinian filmmaker, writer and journalist, and Sarah Ema Friedland, a New York-based documentary filmmaker, will be screened in the Cultural Center 'SPORE initiative' in Berlin on March 22 at 7 pm. LYD presents a sci-fi documentary narrative, tracing the trajectory of Lyd, a 5,000-year-old metropolis that transformed from a vibrant Palestinian town to a conquered entity following the establishment of the State of Israel in 1948. Through an array of characters, the film weaves a tapestry of the Palestinian experience in this city, highlighting the enduring impact of the massacre and expulsion. MAD Solutions is the worldwide distributor and sales agent for the film. The film recently received the Audience Award for Best Documentary at the Houston Palestine Film Festival and the Audience Choice Award for Feature Films at the San Diego Arab Film Festival. LYD also received the Best Asian Feature Award at the Pramana Asian Film Festival, earned two mentions at the Sguardi Altrove International Women's Film Festival, and won both a Jury Award for Best Documentary and the inaugural FIPRESCI Award at the fourth edition of the Amman International Film Festival – Awal Film. The film has garnered attention at festivals, including Pune, Middle East Now, Al Ard, Reel Palestine, Palestinian, and Melbourne Science Fiction. Moreover, it has had multiple screenings worldwide, including extensive showings across the US, Jordan, Italy and Australia. Roger Waters, the movie's executive producer, is an English musician, singer, songwriter, and composer known for co-founding the rock band Pink Floyd in 1965, where he served as its bassist.
