Libya: On the road to reform

Libya: On the road to reform

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Libya eyes a world stage

Having emerged relatively unscathed from the global downturn, Libya is working hard to attract foreign investors, promote tourism and diversify its economy. Stephen Timewell reports.

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Steady road to reform

Libyan banks withstood the worst of the global financial crisis and the country's banking sector is forging ahead with its planned expansion, reports Stephen Timewell.

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Farhat Bengdara

The governor of the Central Bank of Libya tells Stephen Timewell how a major overhaul of the national bank is playing a critical role in driving government plans to improve the efficiency of Libya's economy and promote the private sector.

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Freedom pass

Recent laws passed in Libya are aimed at removing the obstacles of previous legislations, allowing local businesses to compete and operate internationally, and bringing the economy into the modern age. Stephen Timewell reports.

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Open for business

The reform of Libya's stock market to make it more accessible to both foreign and domestic investors is widely expected to usher in a new era for a country whose economy was previously dogged by sanctions. Stephen Timewell reports.