Libya

Libya: 2024 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Libya

WASHINGTON, 11 July 2024 / PRN Africa / -- Summary:remains a fragile state trapped in political uncertainty. Episodes of active conflict have become less frequent, but the country remains de facto divided between the West and the East and fragmented among various militias with competing objectives. The political economy constraints and inadequate capacity hinder the authorities’ ability to implement Fund policy advice.

SOURCE International Monetary Fund (IMF)