In risk to peace plan, rivalries hobble Libya's economy


  • World
  • Friday, 10 Sep 2021

Governor of Central Bank of Libya, Siddiq al-Kabir speaks during an interview with Reuters in Tripoli, Libya September 1, 2021. Picture taken September 1, 2021. REUTERS/Hazem Ahmed

TRIPOLI/BENGHAZI, Libya (Reuters) - Libya must reunify its fragmented economy and public finances if it stands any hope of ending a decade of violent division, but moves towards that goal are making slow progress.

Businesses and ordinary people struggle to carry out basic financial transactions, underscoring the continued dysfunction while also showing that peace moves have failed to stop rival factions competing to control economic levers.

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