Libya: Glint of sunlight through the sandstorm

Country Views
Libya: Glint of sunlight through the sandstorm
  • Diplomatic efforts to bring an end to Libya's east-west conflict are said to have made some progress, albeit with huge obstacles still in the way.
  • The US is becoming concerned about a growing role by Russia in the conflict, fearing intervention such as occurred in Syria.
  • The IMF expects 2019 real GDP at 4.3% based on oil production at around 1 Mb/d. But such growth will be difficult to sustain in 2020 in the absence of an agreement that reduces oil supply disruptions.

 

Florence Eid-Oakden, Ph.D, Chief Economist

Charlene Rahall, Senior Analyst

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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