Country Engagement Note - The State of Libya - January 2023–December 2024

Jul 19, 2026

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Country Engagement Note for the State of Libya covering January 2023 to December 2024, prepared under World Bank Group oversight for official use. The note reviews political, governance, security, economic, social, and climate context, then outlines the World Bank Group country engagement strategy, including partner engagement, proposed engagement areas, and two main pillars focused on reform evidence and strengthening the social contract through equitable local service delivery. It also details implementation approaches, financing instruments, partnerships, risk management measures, and supporting annexes with analytical activities, portfolio, indicators, and a Libya map.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages35

Reading Time1 h 28 min

Country Context

Political, Governance and Security Context

Economic Context and Outlook

Social Context, Service Delivery and Vulnerable Groups

Climate Change and the Environment

World Bank Group Country Engagement Strategy

The World Bank Group in Libya

Counterpart Requests and Partners

Proposed WBG Country Engagement

Pillar 1: Setting the Foundation for Reform and Evidence-based Policy Decisions

Pillar 2: Strengthening the Social Contract Through Equitable and Accountable Local Service Delivery

Implementation of the CEN

Engagement Scenarios

Financing and Instruments

Partnerships

Managing Risks to the CEN

Annex A: World Bank Analytical Activities in Libya Between 2014 and 2022

Annex B: Current Libya Portfolio

Annex C: Macroeconomic Indicators

Annex D: Map of Libya

Public Disclosure Authorized Public Disclosure Authorized Document of The World Bank Group FOR OFFICIAL USE ONLY Report No: 178578-LY INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT AND INTERNATIONAL FINANCE CORPORATION AND MULTILATERAL INVESTMENT GUARANTEE AGENCY COUNTRY ENGAGEMENT NOTE FOR THE STATE OF LIBYA FOR THE PERIOD JANUARY 2023–DECEMBER 2024 January 9th, 2023 Maghreb Country Management Unit Middle East and North Africa Region International Bank for Reconstruction and Development International Finance Corporation Multilateral Investment Guarantee Agency This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank Group authorization. CURRENCY EQUIVALENTS (Exchange Rate as of December 2022) Currency Unit= Libyan Dinar (LYD) US$1 = LYD 4.8 Government Fiscal Year January 1 – December 31 ABBREVIATIONS AND ACRONYMS ASA Advisory Services and Analytics MIC Middle Income Country Multilateral Investment Guarantee BB World Bank Budget MIGA Agency CBL Central Bank of Libya MOF Ministry of Finance Office of the Coordination of CEN Country Engagement Note OCHA Humanitarian Affairs CMU Country Management Unit ODA Official Development Assistance Organization for Economic Co-operation CSO Civil Society Organization OECD and Development EU European Union PFM Public Financial Management FCV Fragility, Conflict, and Violence PPP Public-Private Partnership Libya Reserve Advisory and Management GDP Gross Domestic Product RAMP Program GNS Government of National Stability RAS Reimbursable Advisory Services Recovery and Peace Building GNU Government of National Unity RPBA Assessment HoR House of Representatives RRA Risk and Resilience Assessment International Bank for Reconstruction and IBRD RTA Reimbursable Technical Assistance Development IDP Internally Displaced Person SPF State and Peace Building Fund IFC International Finance Corporation TA Technical Assistance LIA Libyan Investment Authority TF Trust Fund LPDF Libyan Political Dialogue Forum UN United Nations United Nations High Commissioner for MDF Municipal Development Fund UNHCR Refugees MDTF Multi-Donor Trust Fund UNSC United Nations Security Council MENA Middle East and North Africa WBG World Bank Group IBRD IFC MIGA Vice President: Ferid Belhaj Sergio Pimenta Ethiopis Tafara Director: Jesko Hentschel Cheick-Oumar Sylla Merli Margaret Baroudi Henriette von Task Team Leader: Georges Joseph Ghorra Mena Cammett Kaltenborn-Stachau TABLE OF CONTENTS II. COUNTRY CONTEXT................................................................................................................ 6 A. Political, Governance and Security Context............................................................................. 6 B. Economic Context and Outlook................................................................................................ 9 C. Social Context, Service Delivery and Vulnerable Groups ...................................................... 11 D. Climate Change and the Environment ................................................................................... 13 III. World Bank Group Country Engagement Strategy ................................................................. 14 A. The World Bank Group in Libya.............................................................................................. 14 B. Counterpart Requests and Partners....................................................................................... 16 C. Proposed WBG Country Engagement .................................................................................... 18 D. Pillar 1: Setting the Foundation for Reform and Evidence-based Policy Decisions .............. 23 E. Pillar 2: Strengthening the Social Contract T

FAQs

What period does this Country Engagement Note cover for Libya?

It covers the period from January 2023 to December 2024.

What are the two main pillars of the World Bank Group country engagement strategy?

Pillar 1 focuses on reform foundations and evidence-based policy decisions, while Pillar 2 targets strengthening the social contract through equitable and accountable local service delivery.

How does the document address implementation and financing?

It presents engagement scenarios, financing and instruments, and partnerships under the implementation section of the Country Engagement Note.

Jul 19, 2026

Upload by Skyler