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 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 ...

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 faces a number of challenges to establishing a robust, efficient, and transparent public financial management system. There is a need to establish a clear macrofiscal policy framework. 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 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 ...

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 ...

Outdated laws and political interference are choking Libya’s media.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

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 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 ...

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 ...