Libya: 2025 Article IV Consultation-Press Release; and Staff Report

International Monetary Fund

No 2025/148, IMF Staff Country Reports from International Monetary Fund

Abstract: The continued political division and widespread fragilities have hindered the authorities’ capacity to control public expenditure and enact necessary reforms. Unless spending is contained, the fiscal and external accounts would remain under pressure. Given the heavy dependence on oil exports and a large import bill, the country remains exposed to global downside risks.

Keywords: METAC TA; METAC mission; clearance certificate; METAC study tour; transparency policy; authority capacity development; Oil production; Oil prices; Anti-money laundering and combating the financing of terrorism (AML/CFT); Global (search for similar items in EconPapers)
Pages: 50
Date: 2025-06-25
New Economics Papers: this item is included in nep-ara
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