New Country Views Libya: Glint of sunlight through the sandstorm

New Country Views

Libya:

Glint of sunlight through the sandstorm

  • Diplomatic efforts to bring an end to Libya's east-west conflict are said to have made some progress, albeit with huge obstacles still in the way.
  • The US is becoming concerned about a growing role by Russia in the conflict, fearing intervention such as occurred in Syria.
  • The IMF expects 2019 real GDP at 4.3% based on oil production at around 1 Mb/d. But such growth will be difficult to sustain in 2020 in the absence of an agreement that reduces oil supply disruptions.

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