The World Bank’s December 2025 Libya Economic Monitor report highlighted an improvement in Libya’s fiscal management, noting that the government has begun to implement more transparent and responsible fiscal policies, which have been reflected in measurable economic indicators.
In this context, the Head of the Executive Team for the Prime Minister’s Initiatives and Strategic Projects, Mustafa Al-Mana, in a telephone call with the World Bank’s Resident Representative in Libya, Henriette Kaltenborn, discussed the findings of the report and the prospects for technical cooperation between Libya and the World Bank.
The Tripoli based Libyan government reported last Friday (19 December) that the meeting discussed the report’s findings of real GDP growth by 13.3% during 2025, an improvement in oil sector production by 17.4%, an increase in average oil production to about 1.3 million barrels per day and an increase in hydrocarbon revenues by about 33%, achieving a budget surplus of 3.6% of GDP during the first nine months of the year.
The Tripoli government reported that the two sides also stressed the importance of continued institutional coordination to support financial reform programmes, and to transform the recommendations contained in the report into executive action tracks that enhance transparency and accountability in the management of public funds and support economic stability in Libya.
