It is due to this very gloomy political and economic situation, that a high level meeting on Libya took place in London early this week which attracted a significant level of coverage and publicity. The meeting brought together Libyan political and economic leaders as well as the foreign ministers of the USA, UK and Italy, along with representatives from France, Saudi Arabia and the UAE. Click to englargeIn effect, this Libyan summit brought together the government with the three institutions most relevant to the Libyan economy and monetary policy. It is difficult to predict whether reviving the economy in Libya will actually clear the political impasse and help bring Libyans closer together, in order to realise that they can only enjoy the fruits of their natural wealth when they live in peace and forge a national accord. Guma El-Gamaty is a Libyan academic and politician who heads the Taghyeer Party in Libya and a member of the UN-backed Libyan political dialogue process.

Source: Libya Today November 04, 2016 15:50 UTC