Reform Drive Pays Dividends

September 2004
Africa Monitor: North Africa Monitor;Sep2004, Vol. 9 Issue 9, p8
Country Report
Country Report
Contrary to some expectations, Tripoli is making steady progress in its economic reform programme. The latest development has seen Libya's application to join the World Trade Organisation approved for consideration after a two-and-a-half year wait. A working party will now be formed to consider the application. Bilateral talks will focus on Tripoli's progress towards economic liberalisation — forcing the authorities to tackle a steep learning curve over the next couple of years. Unless real and valid attempts are made to reform the bloated public sector and remove protectionist barriers, the country could face a long wait.


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