IMF Staff Country Reports

Libya: 2025 Article IV Consultation-Press Release; and Staff Report

June 25, 2025

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Format: Chicago

International Monetary Fund. Middle East and Central Asia Dept. "Libya: 2025 Article IV Consultation-Press Release; and Staff Report", IMF Staff Country Reports 2025, 148 (2025), accessed June 29, 2025, https://doi.org/10.5089/9798229015516.002

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Summary

The continued political division and widespread fragilities have hindered the authorities’ capacity to control public expenditure and enact necessary reforms. Unless spending is contained, the fiscal and external accounts would remain under pressure. Given the heavy dependence on oil exports and a large import bill, the country remains exposed to global downside risks.

Subject: Expenditure, Oil production, Production

Keywords: Oil production

Publication Details