By John Lee.
A new report from the International Monetary Fund says that Libya’s economy is expected to shrink by 19.8 percent this year as a result of the security crisis in the country.
This follows a 13.6 percent fall in GDP in 2013. A growth rate of 15 percent is predicted for 2015.
Inflation is estimated at 4.8 percent this year and 6.3 percent in 2015.
(GDP image via Shutterstock)