Libya's Political Stalemate And Oil Disruptions Will See Growth Weaken In 2024
Country Risk / Libya / Wed 08 May, 2024
Key View
- While we maintain our view of economic growth in Libya will slow from 19.5% in 2023, we now foresee a steeper slowdown to 7.7% in 2024 against 9.5% previously.
- Oil disruptions in Q1 2024 will weigh on growth in the oil economy, while worsening political bickering among key policymakers will drag on investment and depreciating dinar will