By John Lee. Libya has been ranked 185th out of 190 countries in the World Bank‘s recent Doing Business 2018 report, up from 188th place the previous year. Top of the list were New Zealand, Singapore and Denmark, with last place going to Somalia, just behind Eritrea and Venezuela. Iraq ranked 168th, with Iran 124th. Doing Business […]
Tag Archives | World Bank
Tags: Denmark, Doing Business Index, Eritrea, featured, New Zealand, Singapore, Somalia, Venezuela, World Bank
Strengthening Coordination of Assistance to Libya
International Community, GNA discuss strengthening coordination of assistance to Libya to improve living condition of Libyans The Government of National Accord (GNA) has hosted the first meeting of the Senior Policy Committee (SPC) in Tripoli, bringing together high representatives of the Libyan Government, donor countries, the European Union (EU), the United Nations (UN) and the […]
Tags: European Union (EU), featured, Government of National Accord (GNA), Senior Policy Committee (SPC), United Nations Support Mission in Libya (UNSMIL), World Bank
Libya Experts Forum discusses Social Protection
The Libya Experts Forum discusses proposal for a national framework on social protection The fifth meeting of the Libya Experts Development Cooperation Forum has concluded, bringing together Libyan academics, policy makers, prominent experts, entrepreneurs from across Libya, including members of the House of Representatives (HoR) and the international community. The meeting – which was opened […]
Tags: featured, House of Representatives, Libya Experts Development Cooperation Forum, Switzerland, United Nations, United Nations Development Programme (UNDP), World Bank
Libya’s Economic Outlook - October 2016
A new report from the World Bank says the Libyan economy is near collapse as political stalemate and civil conflict prevent it from fully exploiting its sole natural resource: oil. With oil production just a fifth of potential, revenues have plummeted, pushing fiscal and current account deficits to record highs. With the dinar rapidly losing […]
Libya Experts Forum vows to support GNA
The Libya Experts Development Cooperation Forum vows to support the Government of National Accord providing policy advice The fourth meeting of the Libya Experts Development Cooperation Forum was held recently, bringing together Libyan academics, policy makers, prominent experts, entrepreneurs and the international community. The meeting – which was opened by Dr. Jaffar Hussain Syed (United […]
Tags: featured, International Monetary Fund (IMF), Libya Experts Development Cooperation Forum, United Nations Development Programme (UNDP), United Nations Support Mission in Libya, UNSMIL, World Bank
Libya Falls in Logistics Performance Index
By John Lee. Libya has been ranked 137th out of 160 countries in the World Bank's Logistics Performance Index (LPI), an fall of 19 places since the previous report in 2014. The LPI is an interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics […]
World Bank Expects Strong Libyan Recovery
The World Bank expects the Libyan economy to recover rapidly in 2016, growing by 35.7 percent, according its flagship "Global Economic Prospects" report released on Wednesday. This follows an estimated fall of 5.2 percent last year, and of nearly 50% over the past three years. Growth rates of 27.6 percent and 8.4 percent are predicted […]
Libya Again Ranks Second Last ...
By John Lee. Libya has again been ranked in second-last place out of 189 countries in the World Bank‘s recent Doing Business 2016 report. Top of the list were Singapore, New Zealand and Denmark, with last place going to Eritrea, just behind Libya and South Sudan. The pace of business regulatory reforms picked up during […]
Tags: Denmark, Eritrea, featured, Iraq, New Zealand, Singapore, South Sudan, Syria, United Arab Emirates (UAE), World Bank, Yemen