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.

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 ...

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 ...

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 ...

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 ...

The International Monetary Fund said on Friday that the Nigerian government’s tough economic reforms have yet to benefit the average citizen, nearly two years after their introduction.

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 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 ...

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 ...

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 ...

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 ...