Last week the interim government launched a tender process for a 10-year waste processing and collection contract covering most major Libyan towns and cities. Although there is no timetable for when the contract may be awarded, it cannot start soon enough.

Late on 18 July the High National Election Commission (HNEC) held a press conference in Tripoli to announce the full results of the 7 July vote for Libya’s new General National Congress (GNC).

The announcement confirmed that the National Forces Alliance (NFA), a broad coalition headed by Mahmoud Jibril, who held senior economic posts under the Gaddafi regime before playing a prominent political role in last year’s uprising, was the most successful of the parties running in the elections.

Last week the IMF released a series of updated forecasts for Libya’s macroeconomic performance and state finances. In the absence of any detailed projections from the interim Libyan government, the figures provide one of the few reference points for the country's broad financial and economic outlook in the years ahead.

Over the past week, the High National Election Commission (HNEC) has released district-by-district results from the vote for Libya’s General National Congress (GNC), which took place on 7 July.

Although the comprehensive, final results had still not been published as of 16 July, the preliminary figures point to a victory for the National Forces Alliance (NFA) in the 80 seats which have been allocated to political parties. The remaining 120 of the 200 seats in the new body are set aside for individual candidates.

On 7 July Libya held nationwide elections for the General National Congress (GNC), the body that will appoint a new government.

Although the historic poll was marred by a number of incidents, including the burning of ballot papers in Benghazi by demonstrators and the forced closure of some polling stations in south-east Libya, the election passed off largely peacefully and was considered to be a success.

We were quoted in several recent articles about the Libyan economy – read them here:

‘Companies treat Libya with caution’

Financial Times, 5 July 2012

Bringing overseas retail or F&B chains to Libya is certainly en vogue with Libyan companies at the moment, with a flurry of new openings and announcements since the start of the year.

Candidates running in Libya’s 7 July constituent assembly elections are officially permitted to launch their campaigns from today.

The High National Election Commission (HNEC), which is responsible for organising the historic poll, has limited campaigning to an 18-day period and set ceilings on the amount of money that candidates are able to spend on their campaigns.

Libya's constituent assembly elections, which were originally scheduled for 19 June, have been delayed for three weeks and will now take place on 7 July.

The head of the High National Election Commission (HNEC), Nuri Elabbar, made the announcement on 10 June and said the decision was taken after a meeting with Libya's National Transitional Council (NTC), the body tasked with supervising the overall move towards an elected government.

With just two weeks to go before the planned date of Libya’s constituent assembly elections, scheduled for 19 June, it still remains unclear exactly when the vote will take place.