AGP Executive Report
Last update: 3 minutes agoSecurity: Libya’s military says it seized more than 1.3 million narcotic pills after a firefight with smugglers in Kufra that injured three soldiers. Political Shake-up: The eastern-based House of Representatives has replaced long-serving Speaker Aguila Saleh, electing Al-Salheen Abdelnabi; the UN mission says it is ready to work with the new leadership. Public Finances: The Central Bank reports a $4.7 billion foreign-currency deficit for the first nine months of 2026, while oil revenues accounted for more than 97% of state income. Oil and Trade: Libya’s oil production has topped 1.4 million barrels per day, its highest level since 2013. The agriculture ministry has also signed a veterinary certificate agreement with Romania to facilitate imports of livestock and meat. Accountability: A former water resources minister was sentenced to three years in prison over contracts and spending that caused losses to public funds.
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