Libya

Libya's foreign exchange reserves grew by more than a third in 2007 to US$79.4bn, on the back of surging oil prices.

High commodity prices are a major risk factor for North Africa - not only have we increased our year-end inflation forecasts across the board, we also anticipate above-target budget... 2008-04-25

The elimination of US$4.5bn of Soviet-era debt and the signing of numerous economic agreements presages a strengthening of ties between Libya and Russia. While Qadhafi is still committed... 2008-04-22

In a bid to put an end to long-running claims for compensation by the US, and to normalise trading relations with the world's largest economy, Libya has reportedly proposed a comprehensive... 2008-04-08

We are forecasting real GDP growth of 4.9% in 2008, down slightly from an estimated 5.3% in 2007 (although given the extreme paucity of information provided by official sources, it... 2008-04-08

The relaunching of relations between the EU and the countries surrounding the Mediterranean should lead to more progress on practical matters such as security cooperation. However,... 2008-04-01

Plans to overhaul Libya's system of government by abolishing most of its ministries have created confusion and could lead to a major downward revision of our political risk ratings.

The Libyan dinar remains tightly managed and closely linked to the dollar.

A group led by Muammar Qadhafi's son, Seif al-Islam, has conducted negotiations with Islamist rebel group Fighting Islamic Group in Libya (FIGL) and is now preparing to release around... 2008-02-27

Following on from Muammar Qadhafi's high-profile visit to France in late 2007, January 2008 saw the first official visit by Libyan official to the US in 25 years when Foreign Minister... 2008-02-01