Economy

12-10-2013
In its latest forecasts, the International Monetary Fund (IMF) estimates that Libya's GDP will contract in 2013 after previously projecting growth of over 20%.
03-10-2013
The interim government has formed a four-member committee to prepare the national budget for the coming year.
02-10-2013
Annual inflation in Libya reached 4.1% in June, according to official figures, with food and beverage prices jumping sharply on the previous month. 
20-09-2013
The Statistics and Census Bureau says it has finished the first phase of an economic survey in Benghazi and Marj.
19-09-2013
Alkilani al-Jazi has said that the state budget will need supplementing by the end of next month if oil output cuts persist, and suggests reserves could be drawn on.
17-09-2013
Sadeeq al-Kabir says the country's foreign exchange and cash reserves should not be used to plug any shortfall in oil revenues.
13-09-2013
The Prime Minister and the head of the Tripoli Local Council have given contradictory statements about budgets for the council and the city's cleaning company.
02-09-2013
With oil export revenues drying up and petrol imports threatened, Libya's government begins to contemplate cuts to state spending as it faces stark choices in ending the disruption.
01-09-2013
The Deputy Governor of the Central Bank of Libya (CBL) says that revenues earlier in the year, before the onset of severe disruption, were substantially over budget thanks to high global oil prices.
21-08-2013
All ministries and government bodies have been asked to prepare estimated budgets for next year.
14-08-2013
The Economic and Social Development Fund (ESDF), one of the largest public-sector bodies, is set to have a new board of trustees and directors.
06-08-2013
Consumer prices rose year-on-year in February and March for the first time since last August, with a jump in food and drink costs accounting for the increase.
05-08-2013
The Libya Report talks to the CEO of Libya Holdings about the company’s plans, foreign involvement in the economy and the need for better business laws.
31-07-2013
The national assembly says it has approved the transfer of LD424m ($339m) to cover additional state expenses, including salaries for former rebel fighters who have joined the army.
09-07-2013
Almost half of Libyan respondents in Transparency International's latest global survey thought corruption had risen over the past two years, with over 60% saying they had paid a bribe to a basic public institution.