The Socialist People’s Libyan Arab Jamahiriya: Selected Issue: Medium-Term Economic Reform Strategy, and Statistical Appendix

April 10, 2006

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The Socialist People’s Libyan Arab Jamahiriya: Selected Issue: Medium-Term Economic Reform Strategy, and Statistical Appendix, (USA: International Monetary Fund, 2006) accessed September 20, 2024

Also available in: العربية

Summary

This Selected Issues paper aims to present a medium-term reform strategy that could be pursued by Libya to accelerate its transition to a market economy. The paper reviews the main characteristics of the Libyan economy, and medium-term prospects under current policies. It examines the priority reforms that Libya needs to implement to accelerate its transition to a market economy, while maintaining macroeconomic stability. The paper also reviews a second set of reforms that aim to consolidate the reform process and advance the restructuring of the economy in favor of the non-oil sector.

Subject: Balance of payments, Bank resolution, Banking, Commercial banks, Economic sectors, Expenditure, Financial crises, Financial institutions, Foreign direct investment, Privatization

Keywords: Bank resolution, CBL authority, Commercial banks, CR, Foreign direct investment, GDP, Government, Government buy-back, Government policy, ISCR, Libya, Maghreb, Middle East, Net creditor position, Oil revenue, Privatization

Publication Details

Pages:

71
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/137
Stock No:

1LBYEA2006002
ISBN:

9781451823080
ISSN:

1934-7685

Notes

Also available online in Arabic

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