World Bank: Fuel Smuggling Costs Libya $5 Billion Per Year
The World Bank has reported that Libya’s fuel smuggling problem incurs losses of at least $5 billion annually. The issue ...
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Tag: World bank
World Bank Predicts 2.7% Contraction for Libya’s Economy
The World Bank has reported that Libya’s economy is set to face significant challenges in 2025, despite a central agreement ...
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Libya Participates in 2024 World Bank & IMF Annual Meeting
Libya participated in the 2024 Annual Meeting of the World Bank Group and the International Monetary Fund (IMF), held in ...
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World Bank Praises Libya’s Economic Progress & Recovery Efforts
At the annual meetings of the International Monetary Fund (IMF) and the World Bank, Libya’s Government of National Unity (GNU) ...
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World Bank Classifies Libya Among Upper Middle-Income Countries
On Saturday, the World Bank (WB) classified Libya among the upper middle-income countries, along with Algeria and Iraq, according to ...
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World Bank Expects 4.8% Growth in Libyan Economy for 2024
The World Bank, in its report on economic developments in the Middle East and North Africa, predicted Libyan economy to ...
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World Bank: 22% of Libya’s Population Affected by Floods
The World Bank, the United Nations (UN), and the European Union (EU) have released a report marking six months since ...
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World Bank Forecasts 4.1% Economic Growth in Libya for 2024
The World Bank anticipates a 4.1% growth in Libya's economy in 2024, and a 4.3% increase in 2025, as revealed ...
Read moreWorld Bank: Libyan GDP Declined by 50% Between 2011-2020
A recent study conducted by the World Bank has unveiled that the per capita share of Libya's Gross Domestic Product ...
Read moreWorld Bank to Assess Flood Damage and Reconstruction in Libya
The Central Bank of Libya (CBL) has confirmed that the World Bank is set to conduct a comprehensive assessment of ...
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