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.

and poor governance are major impediments to growth in Libya. Banks continue to lack a well-defined framework for extending credit since the issuance of the law banning interest. The authorities ...

Libya's prolonged political transition ... UNSMIL is also consulting economic experts on reforms to strengthen financial sustainability and transparency. At the same time, efforts to enhance ...

the dominance of public employment and poor governance were major impediments to the growth of the private sector in Libya. An economic reform plan that focused on private sector development ...

The Libyan economy contracted by 2.9 percent in 2024. The resolution of the Central Bank of Libya (CBL) crisis in October 2024 led ... joint leverage in policy dialogue and reform advocacy with ...

Outdated laws and political interference are choking Libya’s media. Rights groups call for legal reforms and civil society consultation ... bodies be free from political interference and economic ...

Countries like Algeria, Tunisia, and Libya are now confronted with a clear ... and dependency—can only be solved by internal economic reform. The tariffs push hard in that direction.

Good governance, transparency, and accountability must be at the core of Libya’s path toward economic recovery and sustainable development in a growingly vulnerable global market. Any economic reform ...

UNSMIL is also consulting economic experts on reforms to strengthen financial sustainability and transparency. At the same time, efforts to enhance communication and information sharing between ...

The competition for Libya’s oil wealth lies at the heart ... UNSMIL is also consulting economic experts on reforms to strengthen financial sustainability and transparency. At the same time ...