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FINANCIAL NEWS
Libya’s oil production to grow to 900.000 barrels per day
12 Dec 2016
(MENAFN) Libya aims to bring oil production to 900.000 barrels a day in the future compared to 600.000 recently.
Moreover, the country has many measures aimed at enhancing the country’s economy and increasing oil incomes.
Other measures involve boosting the Libyan dinar against other foreign currencies, resolving the current liquidity problem and adopting a fund to subsidize some food products.
In addition, the digital economy will play a major role in Libya’s reconstruction program in order to save time, emphasizing the government’s interest in economic development.
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