The Minister of Finance in the Government of National Unity Khalid Al-Mabrouk discussed with the Vice President of the International Finance Corporation (IFC) for Africa, Sergio Pamenta, enhancing joint cooperation between the IFC and Libya in several areas, with a focus on benefiting from the IFC's experience in supporting the role of the private sector to strengthen and diversify the national economy.
This came during a meeting held on Thursday on the sidelines of the annual meetings of the World Bank Group and the International Monetary Fund in the US capital, Washington DC, where the two sides discussed the importance of strengthening partnerships with local and international investors and supporting small and medium enterprises, in addition to the importance of building a strong partnership between the public and private sectors.
They stressed the need to provide support to Libyan public and private institutions through capacity building, transferring knowledge and expertise, and sharing the IFC's successful experiences in other countries.
Meanwhile, the two sides agreed to organize a forum on enhancing the role of the private sector in diversifying the Libyan economy with the participation of the IFC to strengthen the relationship with the relevant Libyan institutions and enhance joint cooperation.
