Libya : 2013 Article IV Consultation

Author/Editor:

International Monetary Fund. Middle East and Central Asia Dept.

Publication Date:

May 31, 2013

Electronic Access:

Free Full text (PDF file size is 996 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The political and security environment remains uncertain in Libya. Libya faces the challenges of stabilizing the economy and responding to the aspirations of the revolution. The near-term outlook is favorable, but there are significant risks. The overarching policy objective should be to foster inclusive growth. Banks are not intermediating, and resources should be devoted to its effective implementation. Expenditure is skewed toward wages and subsidies. Libya needs to adopt a comprehensive reform strategy. The government agrees with the assessment of the economic outlook and associated risks and policy options as outlined by Executive Directors.

Series:

Country Report No. 13/150

Subject:

English

Publication Date:

May 31, 2013

ISBN/ISSN:

9781484399026/1934-7685

Stock No:

1LBYEA2013002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

50

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