Libya’s private sector development is helping the country stabilise - News Summed Up

Libya’s private sector development is helping the country stabilise


In the Roundtable, “Supporting the Private Sector in Fragile Contexts,” at the Paris Peace Forum 2023, Libyan Deputy Minister of Economy and Trade, Sohel Busheha, confirmed that the Libyan private sector has been strongly growing thanks to the support of Expertise France and the actions implemented together in order to accelerate the transition towards economic diversification, competitiveness of the private sector, and digitalization of the economy and the society. Expertise France’s CEO, Jeremie Pellet, underscored the vital role of private sector recovery and growth in addressing the underlying causes of fragility and conflict, thereby complementing state-building and peace-building efforts. He confirmed his unwavering commitment to providing a sustainable response to the most pressing imbalances impeding peace and development by facilitating the mobilization of various actors and especially the private sector. Expertise France continues to support the Libyan private sectorExpertise France said it continues to support the private sector in Libya, working diligently to enhance the business environment, facilitate economic reforms, and enforce digitalization and e-governance through the EU-funded project E-nable. The Paris event was co-organised by Expertise France and Proparco.


Source: Libya Today November 13, 2023 07:13 UTC



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