Libya: East not quite meeting west

Country Views
Libya

This week we consider what might unfold in Libya during the run-up to elections in December. Should the polls go ahead, the interim Government of National Unity (GNU) will have served its purpose. Yet despite potentially being Africa’s largest oil producer, Libya’s fortunes hinge on political stability. Right now, the ground is feeling a little shaky. We look closely at how: 

  • After nearly a decade of armed conflict in Libya, an interim government was formally recognised in March 2021 following last year’s ceasefire.
  • While several reforms have been pushed through, many have lagged due to political infighting.
  • With elections scheduled for this December and instability already ramping up, some choppy waters lie ahead for the fractured nation.

Florence Eid-Oakden, Ph.D, Chief Economist

Leila Lajevardi, Analyst

The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.

To access this report, please click here.

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