IMF study entitled “Energy Subsidy Reform in Libya” concludes that reform is crucial as subsidies lead to overconsumption and premature resource depletion
[Libya Herald - Libya] - 21/07/2025
Energy subsidies have become a significant burden on government finances in Libya, a study published this month by the International Monetary Fund (IMF) entitled “Energy Subsidy Reform in Libya” reports. The study said the pervasive nature of subsidies has led to rampant corruption, smuggling, (…)
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