Middle East Economic Survey
VOL. LIII
No 46
15-Nov-2010
LIBYA
IMF Sees Libyas Economy Strengthening Over Medium Term
Oil production in Libya is projected to increase to approximately 2.5mn b/d by 2015 on account of both large investments and the utilization of advanced technologies by its foreign partners, the IMF said in its Article IV consultation with Libya, published on 28 October. Moreover, the non-hydrocarbon sector is also expected to remain buoyant, with growth figures of around 8%...
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