Socialist People's Libyan Arab Jamahiriya; 2008 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.
This Socialist People’s Libyan Arab Jamahiriya’s 2008 Article IV Consultation is focused on containing public expenditure to reduce inflation pressures, strengthening the monetary policy framework, and advancing financial sector reforms. Libya’s macroeconomic performance has been strong. GDP growth is broad-based and has strengthened further. Both the fiscal and external current account positions are in large surplus, and net foreign assets are accumulating rapidly. The medium-term outlook is favorable, underpinned by the expectation of high oil prices and increased infrastructure spending.
Year of publication: |
2008-09-12
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Institutions: | International Monetary Fund (IMF) ; International Monetary Fund |
Subject: | Article IV consultation reports | Staff Reports | External sector | Economic reforms | Financial sector | expenditure | inflation | public expenditure | monetary policy | central bank | capital expenditure | monetary fund | monetary policy framework | money stock | expenditure growth | fiscal policy | total expenditure | monetary management | expenditure plans | public expenditure review | monetary policy instruments | monetary survey | public financial management | expenditure items | public expenditure growth | monetary anchor | annual public expenditure |
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