Libyan Finance Official Outlines Economic Priorities at IMF‑Led Bangkok Meeting
Published By Arab Hub Post Staff
Meeting in Bangkok
Abu Bakr Al-Jafal, Undersecretary of the Libyan Ministry of Finance based in Tripoli, participated in a meeting in Bangkok, Thailand, bringing together finance ministers and central bank governors from the MENAP region with the Managing Director of the International Monetary Fund to discuss the repercussions of regional conflict on the region’s economies.
Libya’s Economic Situation
During the meeting, Al-Jafal outlined the specific economic situation in Libya amidst political challenges and institutional division.
Government Priorities
He emphasized that the government’s priorities centre on economic stability, enhancing resource management efficiency, reforming the subsidy system, and strengthening cooperation with international institutions to build capacity and diversify revenue sources.
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