Economy

11-09-2012
Official figures show that government spending jumped in July, although total expenditure for the first seven months of the year still remains below budget projections.
10-09-2012
The World Economic Forum’s Global Competitiveness Report for 2012-13 has ranked Libya in 113th place, down from 88th in 2010 when the country was last featured in the index.
07-09-2012
Libya's Ministry of Planning held a recent workshop to discuss future planning across various sectors of the economy.
28-08-2012
Government figures show the state spent less than it earned in the first six months of the year, with expenditure around LD5.7bn ($4.5bn) below projections in the 2012 budget.
27-08-2012
The Ghadames Development Authority has launched a public tender process for some 45 projects in the town, a UNESCO World Heritage Site located in western Libya.
26-08-2012
Libya's Ministry of Economy says it is in the process of establishing a network of regional offices to handle company registration and licensing procedures, as part of wider decentralisation efforts.
26-08-2012
Libya's Ministry of Economy says it has established a new entity to finance small and medium-sized enterprises (SMEs), and approved initial funding for 14 projects in June.
26-08-2012
Libya's Privatisation and Investment Board (PIB) plans to produce a map featuring details and locations of major investment projects in the country.
01-08-2012
A new economy and trade committee, which aims to improve Libya's import and export procedures, has held its first meeting.
18-07-2012
The Central Bank of Libya (CBL) has issued inflation figures for the first quarter of 2012, with the overall price index continuing a downward trend begun in late 2011.
18-07-2012
Libya's interim government has issued an invitation to companies seeking to bid for a major 10-year contract covering waste collection and management across the country.
18-07-2012
Officials from Libya's Ministry of Planning held a meeting on 18 July to discuss the review of contracts valued over LD100m ($78.7m) and the potential appointment of consultancy firms.
15-07-2012
The 2012 edition of the World Investment Report (WIR), published by the UN, estimates that foreign investment outflows from Libya plummeted by around 91% in 2011.
11-07-2012
The International Monetary Fund (IMF) estimates that Libya's GDP will recover strongly in 2012 after a deep contraction in 2011, but warns of unsustainable state spending in the years ahead.
28-06-2012
The main coastal highway in Libya was blocked on the evening of 27 June by armed groups demanding a greater number of seats for the north-east region in Libya's new constituent assembly.