Tag Archives | Reform

Economic Transparency & Structural Reform: Libya's Last Hope

By Jason Pack for the Middle East Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Libya Business News. Economic transparency and structural reform remain Libya's last hope In the wake of the War for Tripoli, as a new stalemate set in around Sirte and Jufra over […]

GNA introduces New Program of Public Financial Reforms

Libya’s Ministry of Finance announced a new Public Financial Reform Program on Tuesday in a major step to regulate and reform Libya’s public financial management systems. The announcement is the first step in a program of essential reform initiatives planned by the Ministry of Finance, part of its overall commitment to ensure fiscal prudence through […]

Libyan Govt Raises Kerosene Price

By John Lee. Libya’s internationally recognised government has said it was sharply increasing the price of kerosene for industrial and commercial use as a first step to reform costly fuel subsidies and tackle smuggling, Reuters reports. The price will rise to 0.85 Libyan dinars ($0.6) per litre, which is also the production cost, the economy […]

Libya’s Economic Reforms Fall Short

While Libya’s first reform package since the fall of Gaddafi in 2011 has had positive initial effects, more must be done to improve the deteriorating economic situation in the country, according to a new report from the International Crisis Group. In this excerpt from our Watch List 2018 annual early-warning update for European policy makers, […]

Video: Female Activists struggle to bring Change to Libya

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Libya Business News. Libya has long been of the world's strictest male-dominated societies. Years of conflict and an increase in lawlessness has only marginalised women even more, but female activism is on the rise in some areas. […]

Arab Spring’s business mode

Regime change in Tunisia, Egypt and Libya is already celebrated in the West as a crucial step towards political freedom. Elections aim to lay the foundation for the democratisation of the region. The logical assumption is that the ongoing political reform process will fundamentally change the face of the Arab World. These developments, however, are […]