- Banco Central de Libia permite a los bancos comerciales hacer remesas extranjeras
- 08.02.2013
El Banco Central de Libia dio a los bancos comerciales los poderes para hacer remesas extranjeras para financiar la importación de suministros, granja, información, equipos, medicinas y suministros médicos. Esta acción se enmarca en la decisión No.(1) de 2013 y reitera las siguientes condiciones:- Las aplicaciones son para ser presentada de conformidad con el número de modelo "ARN" (3/2008) Anexo circular Nº "AR" (3/2008) que está disponible en el sitio web de la CBN.
- La aplicación se une entonces a la reclamación de la conversión (cuenta) que debe ilustrar los precios iniciales y las clases de los productos y cantidades a suministrar. Estas afirmaciones deben ser mejoradas por los proveedores locales.
- Conversión es ocurrir en dinares libios.
- El proveedor será comprometido a proporcionar una licencia que debe ser un indicador de la actividad realizada por el Ministerio de economía.
- Una tarjeta de código estadística será expedida por el Departamento de aduanas, en los documentos que deben ser presentados al Banco, a fin de que sea válido en el momento de solicitar un transferencias al exterior.
- Los bancos deben cumplir con la nivelación instituido en la suma total que ser trasladada en estos casos – no más de 100.000 dólares en una sola vez y no más de 250 mil dólares en un año. Si el valor supera la conversión permitida, dirigirán la entidad interesada para abrir un crédito documentario para el suministro de mercancías de acuerdo con los procedimientos aplicables a la banca.
- El proveedor será comprometido a presentar una declaración de aduanas que se evidencia el suministro de equipos y bienes dentro de un período determinado y bajo las instrucciones aplicables de CBL. Estas entidades deben comprometerse a suministrar bienes a Libia y deben ser capaces de ofrecer declaraciones de aduanas.
(Fuente: Libyaninvestment.com) - Las aplicaciones son para ser presentada de conformidad con el número de modelo "ARN" (3/2008) Anexo circular Nº "AR" (3/2008) que está disponible en el sitio web de la CBN.
- If this doom scenario materialises – a long period of low international hydrocarbon prices – this could anticipate a long period of slow economic growth for oil exporting countries, including Libya. Libya’s economy depends for hydrocarbons for over 85 percent of its revenue. In transition from a revolution and 40 years of under-development, Libya was looking forward to increased hydrocarbon production and steady world crude prices at around the $100 mark to fund its ambitious development programmes.
In 2013, Libya announced a budget of LD 66.86 billion with 31 percent going to salaries, 16 percent to subsidies and 28 percent for development and reconstruction projects. As things stand, a 10 to 20 percent fall in international crude prices would stunt Libyan development considerably at the very time when it would have been hoping to ramp up investment and development to try to catch-up with its peers.
Following the February 17 Revolution, Libya was hoping to set off on a programme of economic diversification and subsidy reform. It was hoping to decentralise, shrink the inefficient and unproductive state-sector and reduce its over-dependency on hydrocarbons by creating new sources of revenues. It was hoping to resume its $150-billion infrastructure projects development programme. It was hoping to either complete or start on its numerous airports, roads, sewerage, water, electricity, renewable energy, desalinisation, housing, health, education and administrative buildings projects. Equally, Libya needs to diversify its economy in order to create employment.
Whilst Libya’s hydrocarbon sector is the dominant revenue earner – and will most likely remain so for decades to come – it is not a huge creator of employment. Therefore, Libya needs to diversify its economy into sectors that are high or at least higher creators of employment such as the services sector, tourism, some light industry, some food production, some agriculture, transport, trade, banking etc.
- But more pertinently, Libya needs to diversify its economy in order to create urgently needed jobs for the many arms-wielding young thuwar (militiamen) who are looking to their new political authorities awaiting a better fate than that they had endured under the dictator. But the nascent democratic Libya also needed to diversify and create jobs in order to show that democracy indeed works – and in the long term works better than dictatorship. However, the world is not and will not stand still and wait for Libya to diversify its economy.
The international political and economic environment is ever changing – including the demand, supply and price of world hydrocarbon prices. Libya must not and cannot take its hydrocarbon sources of revenues for granted. Libya’s politicians and authorities need to be focused. They, unlike the non-net oil exporters Tunisia and Egypt, are blessed with an opportunity afforded to them by the surpluses created from oil. This window of opportunity is finite, and could close at any time. These surpluses cannot be wasted away on wages and subsidies. They need to be invested today – not tomorrow – in development projects that bring a return investment and create alternative national incomes to hydrocarbons.
In short, Libya must urgently make hay while its sun shines!
(Source: Libya Herald)
