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Libya: Staff Report For The 2013 Article Iv Consultation

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  • International Monetary Fund

Abstract

The political and security environment remains uncertain in Libya. Libya faces the challenges of stabilizing the economy and responding to the aspirations of the revolution. The near-term outlook is favorable, but there are significant risks. The overarching policy objective should be to foster inclusive growth. Banks are not intermediating, and resources should be devoted to its effective implementation. Expenditure is skewed toward wages and subsidies. Libya needs to adopt a comprehensive reform strategy. The government agrees with the assessment of the economic outlook and associated risks and policy options as outlined by Executive Directors.

Suggested Citation

  • International Monetary Fund, 2013. "Libya: Staff Report For The 2013 Article Iv Consultation," IMF Staff Country Reports 2013/150, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/150
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    1. International Monetary Fund, 2013. "The Gambia: Staff Report for the 2013 Article IV Consultation; Informational Annex; Press Release on the Executive Board Discussion; and Statement by the Executive Director for The Gambia," IMF Staff Country Reports 2013/289, International Monetary Fund.
    2. Stephan Barisitz & Mathias Lahnsteiner & Daniela Widhalm & Tina Wittenberger, 2014. "Macrofinancial Developments in Ukraine, Russia and Turkey from an Austrian Financial Stability Perspective," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 27, pages 64-73.
    3. World Bank, 2015. "Realigning the Union Budget to Myanmar’s Development Priorities," World Bank Publications - Reports 24068, The World Bank Group.
    4. Ndoricimpa Arcade, 2017. "Working Paper 249 - Threshold Effects of Inflation on Economic Growth in Africa: Evidence from a Dynamic Panel Threshold Regression," Working Paper Series 2359, African Development Bank.
    5. International Monetary Fund, 2015. "Malta: Staff Report for the 2014 Article IV Consultation," IMF Staff Country Reports 2015/046, International Monetary Fund.
    6. -, 2014. "United States Trade Developments 2013-2014," Oficina de la CEPAL en Washington (Estudios e Investigaciones) 37838, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. Ndoricimpa, Arcade & Osoro, Nehemiah & Kidane, Asmerom, 2016. "Threshold effects of inflation on economic growth in selected African regional economic communities: Evidence from a dynamic panel threshold modeling," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 41, pages 5-23.
    8. Saungweme Talknice & Odhiambo Nicholas M., 2018. "A Critical Review of the Dynamics of Government Debt Servicing in Zimbabwe," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 28(3), pages 20-36, September.
    9. Hoda Selim & Chahir Zaki, 2014. "The Institutional Curse of Natural Resources in the Arab World," Working Papers 890, Economic Research Forum, revised Dec 2014.
    10. Muqtada, Muhammed., 2015. "Challenges of price stability, growth and employment in Bangladesh : role of the Bangladesh Bank," ILO Working Papers 994873053402676, International Labour Organization.
    11. repec:ilo:ilowps:487305 is not listed on IDEAS
    12. Thorvaldur Gylfason, 2014. "Iceland: How Could This Happen?," CESifo Working Paper Series 4605, CESifo.
    13. World Bank, 2015. "The Gambia -- Policies to Foster Growth," World Bank Publications - Reports 22382, The World Bank Group.
    14. Salim M. Darbar & Xiaoyong Wu, 2016. "Experiences with Macroprudential Policy — Five Case Studies," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 1-34, October.
    15. International Monetary Fund, 2014. "Ukraine: Staff Report for the 2013 Article IV Consultation and First Post-Program Monitoring," IMF Staff Country Reports 2014/145, International Monetary Fund.
    16. Greetje Everaert & Ms. Natasha X Che & Ms. Nan Geng & Bertrand Gruss & Gregorio Impavido & Miss Yinqiu Lu & Christian Saborowski & Mr. Jerome Vandenbussche & Mr. Li Zeng, 2015. "Does Supply or Demand Drive the Credit Cycle? Evidence from Central, Eastern, and Southeastern Europe," IMF Working Papers 2015/015, International Monetary Fund.
    17. Richard Connolly & Christopher A. Hartwell, 2014. "Developments in the Economies of Member States Outside the Eurozone," Journal of Common Market Studies, Wiley Blackwell, vol. 52, pages 202-218, November.
    18. Innocent.U.Duru & Peter Siyan, 2019. "Empirical Investigation of Exports and Economic Growth: Evidence from Sane Countries, 1980-2016," Asian Development Policy Review, Asian Economic and Social Society, vol. 7(4), pages 318-354, December.
    19. World Bank Group, 2014. "Lao Development Report 2014 : Expanding Productive Empoloyment for Broad-Based Growth," World Bank Publications - Reports 21555, The World Bank Group.
    20. Mariana Colacelli & Mr. Gee Hee Hong, 2019. "Productivity Drag from Small and Medium-Sized Enterprises in Japan," IMF Working Papers 2019/137, International Monetary Fund.
    21. Ms. Chie Aoyagi & Alistair Munro, 2019. "Guilt, Gender, and Work-Life Balance in Japan: A Choice Experiment," IMF Working Papers 2019/261, International Monetary Fund.
    22. Ms. Edda Zoli & Hou Wang & Mr. Douglas Laxton, 2018. "A New Strategy for Korea’s Fiscal Policy in a Low Growth Environment," IMF Working Papers 2018/091, International Monetary Fund.

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