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Libyan dinar. dirham (dh.) 1 dh., 5 dhs., 10 dhs., 20 dhs. The dinar (Arabic: دينار (Arabic pronunciation: [diːˈnɑːr]); sign: LD in Latin, ل.د in Arabic; code: LYD) is the official currency of Libya. The dinar is divided into 1,000 dirhams (درهم). It is issued by the Central Bank of Libya, which also supervises the banking system ...
The Libyan crisis[1][2] is the current humanitarian crisis [3][4] and political-military instability [5] occurring in Libya, beginning with the Arab Spring protests of 2011, which led to two civil wars, foreign military intervention, and the ousting and death of Muammar Gaddafi. The first civil war 's aftermath and proliferation of armed groups ...
From 1969 to 1977, the name was the Libyan Arab Republic. In 1977, the name was changed to Socialist People's Libyan Arab Jamahiriya. [ 2 ] Jamahiriya was a term coined by Gaddafi, [ 2 ] usually translated as "state of the masses". The country was renamed again in 1986 as the Great Socialist People's Libyan Arab Jamahiriya, after the United ...
August 28 (Reuters) - Here is a timeline chronicling Libya's years of chaos and division: 2011 - Revolt and civil war. An uprising against Muammar Gaddafi's four-decade rule rapidly spreads ...
Some displaced families have also returned to Derna, attracted by the opportunity to receive compensation of up to 100,000 Libyan dinars ($21,000; £16,000) and subsidised rent.
Libyan interim Prime Minister Abdurrahim El-Keib. On 23 October 2011, the National Transitional Council officially declared that Libya had been liberated. [12]Libya's de facto Prime Minister, Mahmoud Jibril announced that consultations were under way to form an interim government within one month, followed by elections for a constitutional assembly within eight months and parliamentary and ...
The dinar (/ d ɪ ˈ n ɑː r /) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار ( dīnār ), which was borrowed via the Syriac dīnarā from the Latin dēnārius .
The economy of Libya depends primarily on revenues from the petroleum sector, which represents over 95% of export earnings and 60% of GDP. [ 13 ] These oil revenues and a small population have given Libya one of the highest nominal per capita GDP in Africa. [ 14 ][ 13 ] After 2000, Libya recorded favorable growth rates with an estimated 10.6% ...