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Country Report Libya

  • ID: 2101513
  • July 2016
  • Region: Libya
  • 25 Pages
  • The Economist Intelligence Unit
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The Government of National Accord (GNA) will struggle to finalise the political transition within its one-year mandate. Lax security will persist in 2016-20, owing to the lack of a unified army to counter unruly militias.

Oil output will remain well below the 2010 (pre-conflict) level of 1.55m barrels/day as the unity government struggles to prevent sabotage of ports and fields by jihadi groups, or regain permanent control of key facilities.

Economic policy will be hindered by lax security and financing constraints, partly due to high current spending obligations and low oil revenue. Post-war development will not start until the final years of the forecast period.

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Country Report Libya

Highlights
Outlook for 2016-20
Review

Outlook for 2016-20: Political stability

Outlook for 2016-20: Election watch

Outlook for 2016-20: International relations

Outlook for 2016-20: Policy trends

Outlook for 2016-20: Fiscal policy

Outlook for 2016-20: Monetary policy

Outlook for 2016-20: International assumptions

Outlook for 2016-20: Economic growth

Outlook for 2016-20: Inflation

Outlook for 2016-20: Exchange rates

Outlook for 2016-20: External sector

Outlook for 2016-20: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Population
Main towns
Climate
Weather in Tripoli
Language
Measures
Currency
Time
Public holidays

Political structure
Official name
Form of state
Head of state
Executive
Legislature
Key ministers (GNA)
National Oil Corporation chairman
Central bank governor

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