Economy

01-04-2013
A delegation from the African Development Bank has visited the Libyan Export Promotion Centre (LEPC) to discuss renewing a support agreement that was originally signed in 2010.
24-03-2013
Managers from the General Authority for Privatisation and Investment Promotion, as well as local officials, have discussed ways of promoting business and investment in the southern Libya city.
21-03-2013
Mustafa Abu Fanas held meetings in Benghazi last week to discuss the ministry's plans and the improvement of the business environment.
20-03-2013
The International Monetary Fund now says it expects Libya's real GDP to rise by more than 20% in 2013.
19-03-2013
The draft government budget for this year assumes that state revenues will not cover spending, with the amount allocated for salaries and subsidies set to rise compared to 2012.
08-03-2013
A report from an International Monetary Fund (IMF) delegation, which recently visited Tripoli, forecasts Libya's non-oil growth to average around 15% annually over the next five years.
03-03-2013
Official figures show that inflation eased significantly in 2012, with consumer prices in the final quarter of 2012 lower than during the same period of 2011.
26-02-2013
The Benghazi Local Council has signed an agreement to twin the city with Istanbul, and cooperate in environmental, cultural and local governance affairs.
21-02-2013
A group of managers from Libya's General Authority for Privatisation and Investment Promotion has visited the French regional development agency in Paris.
21-02-2013
On a recent visit to Ankara, prime minister Ali Zeidan repeated earlier promises that the Libyan government would pay half of outstanding payments owed to Turkish firms working on projects in Libya prior to 2011.
21-02-2013
A ministerial committee has met to discuss the possibility of increasing state salaries and replacing subsidies with direct financial support.
18-02-2013
A newly-formed council in Benghazi aims to catalyse economic growth in the city.
12-02-2013
Libya has joined the World Association of Investment Promotion Agencies (WAIPA), a Geneva-based organisation comprised of various national investment promotion bodies.
11-02-2013
The proposed state budget for 2013 has been set at LD66bn ($53bn), slightly lower than the record LD68.5bn ($55bn) allocated last year.
10-02-2013
The head of the government-administrated marriage fund has specified the criteria that Libyan citizens are required to meet in order qualify for grants.