Libya changes tax on dollar purchase from 20% to 15%

Libya’s Speaker of the House of Representatives (HoR), Aqila Saleh, has cut the tax imposed on the banks' selling price of foreign currencies to 15% for all purposes, instead of 20%. It is the second reduction in the last few months, known as the "dollar tax", which had been reduced last October for the first time to 20% instead of the 27%.