Skip to Main Navigation

Vulnerability, Shocks, and Coping Mechanisms in Libya (الإنجليزية)

Libya's political and economic situation remains complex and unpredictable, but there are signs of progress as warring factions have begun to communicate. In 2020, the Libyan economic performance was the worst in recent records. As the economy is mainly dependent on crude oil, the intensification of the conflict, the fall in oil prices, and a 9-month blockade of oil terminals and fields significantly shrank the economy. While previous attempts to unite the warring parties and create a national unity government were generally unsuccessful, in October 2020, all parties accepted a permanent ceasefire. Following the ceasefire agreement and parliamentary approval of the UN-backed Political Dialogue Forum, the oil sector recorded an instant rebound in oil production levels, leading to a rise in oil prices during the first six months of 2021.


تنزيل الملفات

تقرير كامل

نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)