IMF Staff Concluding Statement of the 2026 Article IV Consultation Mission to Libya

IMF Staff Concluding Statement of the 2026 Article IV Consultation Mission to Libya

The IMF released yesterday the ‘‘Libya: Staff Concluding Statement of the 2026 Article IV Consultation Mission’’ conducted with Libyan authorities from March 30 – April 8, 2026, in Tunis. Outlook and Risks: Unsustainable Despite Current Favourable Oil Prices Fiscal Policy: The Source of Imbalances and the Key to Restoring Stability Monetary and Exchange Rate Policy: […] The post IMF Staff Concluding Statement of the 2026 Article IV Consultation …

IMF Raises Alarm Over Libya’s Finances Amid Oil Revenue Boost

The International Monetary Fund has warned that Libya’s current fiscal path is unsustainable, despite rising oil revenues, highlighting growing risks to inflation, foreign reserves, and economic stability. In its latest Article IV consultation statement, the IMF said Libya’s public spending has expanded sharply, with fiscal deficits reaching about 30 percent of GDP in 2025. Public debt has also surged to around 146 percent of GDP, nearly doublin…