including by introducing well-calibrated and orderly wage and energy subsidy reforms and mobilising nonhydrocarbon revenues," the IMF said. Libya’s economy is heavily dependent on oil and gas.

Regardless of the political implications of Libya's settlement with ... of planes in the 1980s, the economic impact of the move is adding to fuel to reform engines in the North African country.

A month of deadly clashes between armed groups in Tripoli has stepped up pressure on Libya's unity government to end its reliance on militias and to implement economic reforms. UN envoy Ghassan ...

Berlin - Libya plans tax cuts, privatisation and economic reforms in a bid to draw foreign investors, Libyan Prime Minister Shurki Muhammad Ghanim said in an interview on Thursday. "Our country can ...

WASHINGTON, June 6, 2023 — Libya's economy shows resilience despite facing low and volatile economic growth. The World Bank estimates a 1.2 percent contraction in Libya's economy for 2022, primarily ...

She warned that overspending of Libya's vast resources without ... UNSMIL is also consulting economic experts on reforms to strengthen financial sustainability and transparency.

Libya’s longer-term economic strategy should aim to diversify away from hydrocarbons and to foster stronger and more inclusive private sector-led growth. Structural reform efforts should focus on ...

In addition to its interests in Libya, Rome fears any relaxation of ... a constitution and other political and economic reforms. On Sunday, Libyan forces fired on mourners at a funeral for anti ...

The acquisition of shares is more than a financial transaction; it represents Libya’s desire to cement its position as a key ...

“Economic governance going digital is key for Libya's private sector to develop ... in designing public policies that support reforms and the creation of new businesses, and foster domestic ...