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 ...

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 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 ...

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 ...

The lengthy conflict is taking a heavy toll on the Libyan economy and the well-being of the population. Obstructed by the conflict, production of oil, the main source of income in Libya, has been ...

Outdated laws and political interference are choking Libya’s media.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 ...

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 ...