PublicDisclosureAuthorizedPublicDisclosureAuthorizedPublicDisclosureAuthorizedPublicDisclosureAuthorizedMiddleEastandNorthAfricaRegionLIBYAECONOMICMONITORFall2023LibyaEconomicMonitorFall2023LIBYAECONOMICMONITORIFall2023CONTENTSBOXES3ACRONYMS4EXECUTIVESUMMARY5RECENTECONOMICDEVELOPMENTS8Conflict,FragilityandGovernance8Growth16ExternalSector20PublicFinances21RECENTSOCIALDEVELOPMENTS25PovertyandVulnerability25HealthServices27Education28WaterandSanitation28AccesstoElectricity29OUTLOOK303LIBYAECONOMICMONITORIFall2023BOXESBox1:TheDernaTragedyandWaterSectorGovernanceinLibya10Box2:RecentProgressTowardtheReunificationoftheCentralBankofLibya13Box3:TheeconomicImpactsofthestormDaniel:TheRDNAassessment17Box4:TheimportanceofplanningpublicinvestmentFigures23Figure1:FinancialCostsoftheConflictontheWaterSector(2012-2019)10Figure2:GeneralCompanyforWaterandWastewaterBudget,2018(US$million)11Figure3:Libya:ViolenceHassharplyAbatedsince201111Figure4:Violentincidentswereregisteredalloverthecountrybuthighlyconcentratedinoil-richareas12Figure5:Libya:MostVolatileGrowthPerformanceWorldwide14Figure6:Since2011,OilProductionremainedlargelydependentonPoliticalandSecurityconditions15Figure7:DiversificationinLibya:StagnatingoverDecades15Figure8:SpatialDisparitiesAmongDistrictsasourceofpoliticaltension15Figure9:InequalRepartitionofGDPPerCapita...
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