European Parliament Library

Socialist People's Libyan Arab Jamahiriya :, 2009 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Socialist People's Libyan Arab Jamahiriya

Libya’s macroeconomic performance in 2008 has been strong, with real GDP growth of about 4 percent, and record fiscal and external surpluses. The staff report for Libya’s 2009 Article IV Consultation underlies economic developments and policies. The outlook has been adversely affected by the global crisis mostly through a decline in oil prices and output. This outlook is subject to downside risks relating to a further worsening in global economic conditions or a wavering of the efforts to improve the quality of public expenditure and advance structural reforms
Table Of Contents
Cover; Contents; Executive Summary; I. Background and Recent Developments; A. Introduction; B. Recent Economic Developments; Figures; 1. Non-performing Loans-to-Gross Loans Ratios; 2. Recent Macroeconomic Developments; II. Outlook and Risks; 3. Medium-Term Outlook; III. Policy Discussion; A. Fiscal Policy; Boxes; 1. Fiscal Sustainability Analysis; 2. Treasury Single Account: A Tool for Improving Public Finance Management; B. Monetary Policy and Financial Sector Reform; 3. Reforming Specialized Credit Institutions; 4. Share of Specialized Credit Institutions in Total Credit
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (45 p.)
Specific Material Designation
Form Of Item

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