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.

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 ...

Naji Issa, along with Minister of Transport and Financial Advisor to the Prime Minister, Mohamed Al-Shahoubi, discussed developments related to unifying public spending, as well as certain measures ...

Libya's National Transitional Council (NTC) has taken steps to promote a peaceful political transition, normalize economic conditions, and set out a national reform agenda. In the short term, the ...

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 ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

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 International Convention on the Elimination of All Forms of Racial Discrimination (ICERD), ratified by Libya in 1969 The International Covenant on Economic, Social and Cultural Rights ...

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 ...

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 ...