Tag Archives | Economy

Restoring oil output key to Libya’s recovery: IMF

Restoring oil and gas production in Libya is key to rebuilding the country and reviving the economy after an eight-month civil war, the International Monetary Fund said on Monday, while it warned the government’s finances remained “precarious.” The IMF forecast that Libya’s economic activity would recover in 2012 as more oil production comes on stream […]

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Benghazi Made Libya’s Economic Capital

The Libyans are making full use of their new-found freedom after 42 years under a dictatorial regime when even the slightest protest could get you in trouble and locked into prison. It did not take tens of thousands of protestors in the eastern city of Benghazi long to organise a spontaneous demonstration to express their […]