A World Bank (WB) report has confirmed that oil companies continue to flaring natural gas associated with oil extraction in several countries, including Libya.
The Governor of Libya's Central Bank, Saddek Elkaber, convened with World Bank Group Executive Director Tawqir Shah to discuss the latest economic and financial developme
The World Bank expected the Libyan economy to grow by a rate ranging between 4.8 and 5.8% from 2024 to 2026 provided that political stability and the oil sector in genera
The World Bank's (WB) resident representative in Libya, Henriette Kalendar, has delivered a copy of the damage assessment report from Storm Daniel to Khaled Al-Mabrouk, t
Finance Minister Khaled Al-Mabrouk has discussed with the representative of the World Bank in Libya, Henrietta von Kaltenborn, the ministry’s program for reforming public
The Head of the Presidential Council, Mohammed Menfi, has stressed the need for the reconstruction of areas affected by floods to be under Libyan ownership and leadership
The Minister of Finance in the Government of National Unity, Khaled Al-Mabrouk, has met with the President of the World Bank, Ajay Banga, on the sidelines of the bank’s annual meetings held in the
The Libyan Ministry of Finance has received a reply from the World Bank regarding the emergency letter for allocating funds and an assessment team for the areas ravaged b
The Deputy Prime Minister of the National Unity Government, Minister-designate of Health, Ramadan Abu Janah, called on the World Bank to double efforts to achieve the goa
The World Bank warned of the level of erosion of the Libyan coasts, in a negative phenomenon that caused losses to the national economy estimated at a quarter of a billion dollars annually, in addi
Libya has recorded an increase in gas flaring in its oil production sites during the past years, the World Bank said in its recent report concerning the global gas flaring.
Libya urgently needs unified institutions, good governance, strong political will, and long-awaited reforms, says the World Bank's regional director for the Maghreb and Malta, Je
The Minister of Finance of the Government of National Unity, Khaled Al-Mabrouk, has discussed with the Vice President of the World Bank for the Middle East and North Africa, the
Libya has achieved significant progress on the path of its economic recovery driven by a strong rebound of oil production and the devaluation of the currency, says the World Bank
The World Bank has stated that the long-term effects of the damage during conflicts on Libya's water infrastructure has become a heavy burden on the economy and hamperi
The Libyan Prime Minister Abdul-Hamid Dbeibah met Monday with a World Bank delegation and discussed cooperation between Libyan institutions and the World Bank as well a
The Governor of the Central Bank of Libya (CBL), Sadiq Al-Kabir, has discussed with the representative of the World Bank in Libya, Michael Schaeffer, the joint efforts between th
Governor of the Central Bank of Libya (CBL), Saddek Elkaber reviewed with the World Bank Director for the Arab Maghreb and Malta, Jesko Hentschel, ways to enhance the World's ban
The World Bank said in a report published Monday on Libya, entitled "The Economic Outlook for Libya in 2019", that the decision to impose a fee on the sale of foreign c
The World Bank commented on Libya's desire to raise its oil production to 1.6 million barrels per day as being "over-optimistic", due that this goal is often constraine
World Bank has issued a new strategy to support Libya, concentrating on bringing services to people, recovering economy and rebuilding the country in the future.
The Governor of the Central Bank of Libya (CBL) Saddek Elkaber discussed with the Director of the World Bank in the Maghreb, Middle East and North Africa Marie Francois
The Chairman of the Presidential Council, Fayez Al-Sarraj, met at the Council of Ministers on Tuesday with the World Bank Group Vice President for the Middle East and N
World Bank economist in the Sustainable Development Department, Abdullah Sy, said Tunisia is losing an estimated 800 million dollars a year as a result of the Libyan crisis and p
The World Bank warned Libya of the possibility of exhausting its foreign exchange reserves or having to make special amendments to avoid a crisis if public spending continues at
The Head of the Presidential Council received Monday the deputy head of the World Bank for Middles East and North Africa affairs Hafed Ghanem and the head of North Africa office
