Greater Middle East (bbabo.net), - The International Monetary Fund (IMF) gave a positive forecast for the growth of the Libyan economy. This is reported by the Russian-Arab Business Council.
According to a recent IMF report, the Libyan economy will grow at 17.9% in 2023. This is the highest rate in the Arab world.
Libya ranked 1st in Africa in terms of foreign exchange reserves: at the end of 2022, their total volume reached more than $ 84 billion.
In the Arab Competitiveness Index for the period 2018-2021. Libya has risen from 16th place to 14th place due to the implementation of reforms and infrastructure development.
As previously reported by bbabo.net, Libyan Prime Minister Abdel Hamid Dbeiba said that stability reigns in his country and called on international oil companies to return to their activities in Libya.