Economy

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.
07-02-2013
A commitee of specialists from several ministries and government agencies is reportedly working on a plan to replace Libya's unwieldy system of state subsidies with direct payments.
07-02-2013
The General Authority for Privatisation and Investment Promotion has officially opened its new Eastern Region office in Benghazi, which aims to provide a range of services to investors.
06-02-2013
According to comments carried in the Saudi press, Libya's oil and gas minister says that the government may introduce a special investment incentive for Gulf companies.
04-02-2013
The General Authority for Investment Promotion and Privatisation has officially opened its central region office in Misrata.
03-02-2013
Libya's Minister of Economy, Mustafa Abu Fanas, recently held meetings with the US Chargé d'Affaires in Tripoli and the Tunisian ambassador to Libya.
28-01-2013
The Libyan Export Promotion Center (LEPC) has outlined a number of financial support measures aimed at helping Libyan companies to export more goods overseas.
17-01-2013
The EU will launch new support progammes in areas such as education, training and healthcare, its spokesperson told The Libya Report, but says that "no mutually satisfactory solution" has yet been found to deal with outstanding claims for pre-2011 work in Libya by EU firms.
14-01-2013
The Indian ambassador in Tripoli told The Libya Report that he expects a "substantial increase" in the Indian workforce in Libya if security continues to improve, with Indian construction firms in discussions over resuming work.
11-01-2013
Awad Barasi, Libya's deputy prime minister, told an Italian-Libyan business forum in Rome that Libya was planning capital investment projects worth more than $100bn (LD125bn).
10-01-2013
Libya's prime minister, Ali Zeidan, says that a new centralised tenders committee may be established as part of efforts to reduce corruption, which he said was "still continuing".
07-01-2013
Libya's Minister of Planning, Mahdi Taher Genia, recently held meetings with both ambassadors to discuss the resumption of work by their respective companies.
06-01-2013
Libya's Minister of Economy, Mustafa Abu Fanas, says the government plans to move away from state subsidies on basic commodities and towards direct financial support instead.
03-01-2013
Consumer prices increased more quickly in the third quarter of 2012 than during the previous three months, with a particularly sharp rise in the cost of food and drinks, but in annual terms inflation fell into negative territory.