VOL. XLII

No. 18

3-May-1999

LIBYA

Libyan Economic Secretary Says Economy Averaged 9% Growth In1970-1997

Libyan gross domestic product (GDP) grew at an average rateof 9% from 1970 to 1997, rising from $3.9bn to $39bn, according to the LibyanSecretary of Economy and Commerce. Dr. 'Abd al-Hafiz Zuleitni, speaking at the cwcassociatesconference in Geneva on 19 April, also said that over the same period, despitea rapid increase in population from 1.9mn in 1970 to around 4.7mn, Libyan percapita income...