In its assessment of Libya for 2023, the International Monetary Fund (IMF) has revealed that fluctuations awaiting Libyan economy in the foreseeable future, due to its total dependence on oil production.

IMF expected hydrocarbon production to grow by about 15 percent in 2023, after increasing oil production.

IMF warned of the possibility of a gradual decline of external surplus in the coming years, affected by a decline in oil prices, as well as fears of renewed conflict and social unrest that could lead to disturbances in oil production, as was the case in past years.